Analysis: How Trump could reignite the Fed independence fight after Warsh's rate hike
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.

Chairman Kevin Warsh drew a bright line between the Federal Reserve and the White House after the central bank raised interest rates in defiance of President Donald Trump. Warsh, speaking at a press conference in Washington on Wednesday after the rate decision, was asked by the Washington Examiner about whether the decision to proceed with…
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
This live blog is now closed.US Federal Reserve raises interest rates for the first time since 2023Kay Haigh, global head and CIO of Fixed Income and Liquidity Solutions at Goldman Sachs Asset Management, has this analysis of today’s decision:The Fed has signalled it does not at this stage envisage an aggressive tightening cycle. Most FOMC members see a…
Federal Reserve Chair Kevin Warsh is set to give remarks Wednesday afternoon after the central bank opted to raise interest rates by 0.25 percent to tame inflation amid the Iran war. The Federal Open Market Committee voted unanimously to increase the rate to a range of 3.75 to 4 percent, its first hike in over…
Trump stopped short of specifically calling out Fed Chairman Kevin Warsh, whom the president tapped in January to succeed Jerome Powell.