Fed Chair Kevin Warsh faces a pivotal rate decision on September 16, torn between market expectations of a hike and President Trump's push for lower rates ahead of November elections. Howard Schneider explains ▻ ↧ Fed's table is set for a rate hike, a first under Warsh Federal Reserve Chairman Kevin Warsh dislikes giving any guidance about the likely path of U.S. interest rates, but elevated inflation, oil at more than $100 a barrel, and his own emphasis on the need to deliver price stability appear to leave little doubt about what's next.
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Fed Chair Kevin Warsh faces a pivotal rate decision on September 16, torn between market expectations of a hike and President Trump's push for lower rates ahead of November elections. Howard Schneider explains ▻

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