Trump backs Fed Chair Warsh, says rates are too high and should fall to 1% or less

President Trump said he wants the Fed to remain independent and defended Fed Chair Kevin Warsh, while arguing U.S. interest rates are "too high" and calling for them to fall to 1% or less. Bond traders are backing Warsh to tackle high inflation.

Detected & updated continuously · Source: Nebula

Story subjects

Donald TrumpKevin WarshFederal Reserve

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