Business

Fed defies Trump with US rate hike: Central bank chief Kevin Warsh pulls trigger in first increase for three years

Daily Mail Money · 16 September 2026 at 21:45

Fed defies Trump with US rate hike: Central bank chief Kevin Warsh pulls trigger in first increase for three years

Kevin Warsh (pictured), who was hand-picked by Trump as Fed chief - said the central bank had acted to remove 'a dose of accommodation' from the economy.

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Fed defies Trump with US rate hike: Central bank chief Kevin Warsh pulls trigger in first increase for three years

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