Trump administration eases pressure on new Fed Chair Kevin Warsh amid rising inflation
The Trump administration is showing more patience with Federal Reserve Chairman Kevin Warsh's decision to hold interest rates steady as May inflation rises to 4.1%. While President Donald Trump has previously called for rate cuts, his economic advisers are now less vocal about immediate action due in part to the new leadership at the Fed.
Topics: Donald Trump Administration Inflation Interest Rate Policy U.S. Federal Reserve