Trump says Fed chief Kevin Warsh will act on any rate hike needed
Donald Trump indicated he does not object to Federal Reserve Chair Kevin Warsh raising rates if inflation demands it, while still believing rates are too high.
Why it matters
The president’s view influences public perception of monetary policy during a period of high inflation.
In this story
interest ratesinflationFederal ReserveKevin WarshJerome Powellmonetary policyDonald Trump
