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.

President Trump isn’t giving up on Federal Reserve Chairman Kevin Walsh following the interest rate hike. The Fed board voted unanimously on Wednesday to raise interest rates…
The Federal Reserve unanimously raised interest rates by a quarter point despite repeated calls from President Donald Trump for lower rates.
President Donald Trump is giving Federal Reserve Chairman Kevin Warsh a pass after the central bank voted unanimously to raise interest rates. Trump repeatedly attacked Warsh’s predecessor Jerome Powell for holding interest rates steady rather than cutting them, and has called for the Fed to lower rates for months. But now that Warsh has raised…
New Chairman Kevin Warsh presides over first increase in 3 years
Seema Shah, Principal Global Investors chief strategist, says markets may be pricing in one more rate hike this year, but October looks likely to be a hold because of the timing of the midterm elections and the possibility of inflation data turns sharply worse. (Source: Bloomberg)
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…