Trump slams Fed hike, says he steered Warsh toward the board’s vote
TL;DR
Trump criticized the Federal Reserve’s 25-basis-point rate increase, saying he told former Fed governor Kevin Warsh to vote with the board; the unanimous hike was the Fed’s first in three years and the first under Warsh. Trump has long pushed for lower rates, including posts calling for cuts, while Warsh defended Fed independence and downplayed presidential influence. Democrats tied the move to Trump-era policy criticisms.
- Trump slams the Fed rate hike, says he told Warsh 'you might as well vote with the board' Yahoo Finance UK
- Trump’s Latest Threats Loom Over Fed’s Interest Rate Decision The New York Times
- Peter Navarro says Fed’s rate raise is ‘a bad decision’ The Hill
- Trump says he still has confidence in Fed Chair Warsh, demands 1% or lower interest rates CNBC
- Trump lashes out at Fed after Warsh backs rate hike Reuters
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