BUSINESSMARKETWATCH
Trump says he’ll let Warsh ‘do what he wants to do’ with interest rates. It’s a remark that Fed watchers have been bracing for.
President Donald Trump will give incoming Fed chair Kevin Warsh flexibility with interest rates, after previously putting pressure on the Federal Reserve. This shift in message comes after over a year of unprecedented pressure from Trump on the U.S. central bank. Trump's new stance may impact the Federal Reserve's decision-making process.