Federal Reserve Chair Kevin Warsh faces pressure from President Trump to cut rates while inflation data suggests a rate hike is necessary. Markets now estimate a 91% chance of a hike, complicating Warsh's balancing act between credibility and political pressure.
Federal Reserve Chair Kevin Warsh faces pressure from President Trump to cut rates while inflation data suggests a rate hike is necessary. Markets now estimate a 91% chance of a hike, complicating Warsh's balancing act between credibility and political pressure.
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