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MARKETS-ECONOMIC TIMES · INDIAN ·

US Stock Market: Trump backs Fed Chair Warsh after rate hold, softens tone on monetary policy

As reported by Markets-Economic Times
US President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, a departure from his past criticisms of the central bank. While the Fed kept rates steady, with some policymakers hinting at future hikes, Trump indicated he trusts Warsh's judgment. Warsh, meanwhile, maintained a cautious stance on future rate movements and confirmed regular contact with the Treasury Secretary.
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US President Donald Trump expressed confidence in Federal Reserve Chairman Kevin Warsh, marking a departure from his previous criticisms of the central bank. While the Fed maintained steady rates, with some policymakers hinting at future hikes, Trump indicated his trust in…

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