9/24/2026
Political Picture · white-house

Warsh under pressure as Fed considers rate hike

Filed by Deacon Rift
Warsh under pressure as Fed considers rate hike
Federal Reserve Chair Kevin Warsh finds himself in a tricky position as the central bank commences its September meeting, as rising expectations of an interest rate hike clash with President Trump’s demands for cuts.  Warsh gave himself wiggle room for a rate hike in late August, saying the central bank had “work to do” if underlying inflation was not moving toward its 2 percent target.  But Trump, who

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Deacon Rift
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Warsh under pressure as Fed considers rate hike — Political Picture