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Axios
Axios
US · 1 hrs ago
75◉ Centre
Trump gives blasé response to rate hike possibility
75Quality
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AI Analysis
Quality 75/100
Partisan intensity 35/100
ObjectivePartisan
◉ Centre ✓ Fair headline

President Trump responded with apparent indifference when asked about the possibility that incoming Federal Reserve chair Kevin Warsh might raise interest rates, despite Trump's repeated criticism of outgoing chair Jerome Powell for not cutting rates sufficiently.

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Trump gives blasé response to rate hike possibility
President Trump has spent much of his term bashing outgoing Federal Reserve chair Jerome Powell for not cutting interest rates enough. On Tuesday, he seemed surprisingly blasé about the possibility that incoming chair Kevin Warsh might end up raising them. Driving the news: A reporter on Tuesday noted that markets now think an interest rate hike this year is more likely than a cut and asked the president whether he thinks Warsh will deliver the lower rates that Trump has long demanded. "I'm goi
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