New Fed chair bucks Trump, hikes interest rate as inflation fears persist

Trump responds to his new Fed chairman Kevin Warsh hiking interest rates — after prez pushed for reduction

Trump stopped short of specifically calling out Fed Chairman Kevin Warsh, whom the president tapped in January to succeed Jerome Powell.

‘The Best Credit in the World’: Trump responds to the Fed’s interest-rate hike

New Chairman Kevin Warsh presides over first increase in 3 years

‘Inflation is too high and has been for too long,’ says Kevin Warsh as Fed announces rate hikes – as it happened

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…

Watch live: Warsh speaks after Fed hikes interest rates

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…

Why the Fed Should Not Be Hiking Interest Rates