Warsh declines to respond to Trump's Fed criticisms, says politics played no role in rate decision

Fed Chair Kevin Warsh, asked about Trump's comments on the Fed Board and criticisms of the Fed, said he would not respond to quotes by public officials. Asked whether the midterm elections factored into the rate decision, he said politics played no role. He said the FOMC had a family fight but came to the right policy decision for this moment, and that he is honored to be part of the group and its chairman.

Detected & updated continuously · Source: Nebula