Kevin Warsh, Chair of the Federal Reserve, faces mounting pressure, including from President Trump, to raise interest rates amid persistent inflation. The Federal Open Market Committee (FOMC) is set to meet on September 15-16, with market expectations having shifted significantly toward a likely rate hike, abandoning the idea of holding the current target range of 3.50% to 3.75%. Warsh has emphasized price stability and inflation control in recent statements, signaling a potential policy shift. Market reaction to the FOMC’s decision will serve as a key indicator of economic sentiment.
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