71
Economics3h 58m ago

US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.

Archive Window: 30 Days Left

WASHINGTON

Who
US Federal Reserve chief Kevin Warsh, US President Donald Trump, Dan North (senior economist at Allianz Trade), Greg Daco (chief economist at EY-Parthenon), Diane Swonk (chief economist at KPMG)
What
US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.
When
Sun, 14 Jun 2026 02:04:00 GMT · 3h 58m ago
Where
WASHINGTON ·
Why
Warsh is caught between high inflation and unrelenting pressure from the White House to lower interest rates.
The Frontline Impact

How this affects you

The Federal Open Market Committee is expected to hold rates steady, but the ongoing US-Israel war on Iran has increased inflation, potentially leading to a rate hike by December, which may anger President Trump and challenge the Fed's independence.

Story chain

5 events in this thread

Verified Sources & Citations