22 Hrs
Source:
USA TODAY
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Warsh's Fed Meeting May Challenge Trump
Kevin Warsh's appointment as Federal Reserve Chair faces its first test as markets expect no change to interest rates, remaining at a range of 3.5% to 3.75%. Despite President Trump's call for independence, Warsh may need to deliver unwelcome news to him, as ongoing inflation and strong job gains limit prospects for rate cuts. His leadership comes amid questions about the Fed's future direction and its ability to maintain credibility amid political pressures.
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