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

5 days agoRight

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

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

The Guardian

5 days ago

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‘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…

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CNBC

4 days ago

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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.

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

WorldNetDaily

5 days ago

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‘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

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

Blaze Media

5 days ago

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

The Federal Reserve has raised the interest rate as fears of inflation persist despite economic optimism from President Donald Trump.On Wednesday, the Fed voted unanimously to increase interest rates by a quarter of a percentage point, the first rate-hike since 2023.'We should have the LOWEST RATE of any country in the World.'"Economic activity is…

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Trump rips ‘hostile’ Fed board after interest rate hike but defends Warsh

Washington Examiner

5 days ago

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Trump rips ‘hostile’ Fed board after interest rate hike but defends Warsh

President Donald Trump tore into the “hostile” Federal Reserve after the board voted on Wednesday to raise interest rates but held back criticism of Chairman Kevin Warsh, whom he tapped to lead the central bank earlier this year. Speaking with reporters in North Carolina, Trump was asked about the interest rate decision. The president said Warsh’s…

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Trump’s Threats to Stop Trade Couldn’t Keep the Fed from Hiking Interest Rates

TPM – Talking Points Memo

5 days ago

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Trump’s Threats to Stop Trade Couldn’t Keep the Fed from Hiking Interest Rates

The Federal Reserve opted to raise interest rates by one-quarter of a percent, or 25 basis points, in a unanimous...

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Bloomberg

5 days ago

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Fed Removed Dose of Accommodation With Hike, Chairman Warsh Says

“We removed a dose of accommodation,” Federal Reserve Chairman Kevin Warsh says after policymakers raised interest rates by a quarter percentage point. He speaks in Washington. (Source: Bloomberg)

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Watch live: Warsh speaks after Fed hikes interest rates

The Hill

5 days ago

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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…

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