Thursday, 30 July 2026 · World
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EUROS The World Financial Report
Nº 19 Thursday, 30 July 2026 · World Edition
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US Stock Market: Trump backs Warsh as Fed’s hawkish tilt raises rate hike odds

Markets-Economic Times · 1h ago · 🇮🇳 India
US Stock Market: Trump backs Warsh as Fed’s hawkish tilt raises rate hike odds

President Trump supports Federal Reserve Chair Kevin Warsh despite policy disagreements. Warsh maintains a cautious stance on monetary easing, differing from Trump's calls. The central bank kept interest rates unchanged at its latest policy meeting. Some Federal Open Market Committee members favored a rate increase due to inflation concerns. Financial markets now anticipate a potential rate hike at the upcoming September meeting.

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