Follow live updates on the Trump administration
We’re following the latest updates and analysis on the Donald Trump administration. Follow along live.
Read more All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates
All eyes turn to Fed chair Kevin Warsh and his first moves on interest rates — 1:01 a.m.
By the Associated Press
Ever since Kevin Warsh was nominated by President Trump in late January to lead the Federal Reserve, a question has lingered: Will he seek to raise interest rates to tame inflation or cut them as Trump has long demanded?
Read more Can $100 million overcome a Trump endorsement? What to watch in Tuesday’s elections.
On Wednesday, Warsh may provide the first hints of an answer when he oversees his first Fed policy meeting as chair and holds a news conference afterward. Bond markets, which can swing sharply on a chair’s pronouncements, will be watching particularly closely for any signs of which way he leans.
Read more Inside the partisan battle over America’s 250th birthday celebrations
READ MORE
Post Comment