Axios
US · 38 mins ago
✦ 72◉ Centre
Trump to Fed chair Warsh: "Don't look at me, don't look at anybody"
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Quality 72/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Kevin Warsh, the newly sworn-in Federal Reserve chair, faces political pressure from President Trump to cut interest rates despite high inflation and economic conditions that make rate cuts difficult to justify.
Trump to Fed chair Warsh: "Don't look at me, don't look at anybody"
The Warsh era begins with soaring inflation, a Middle East energy shock bleeding into other parts of the economy and colleagues skeptical that rate cuts should come anytime soon.
Add on top: Kevin Warsh faces more political pressure to deliver lower rates than any other Federal Reserve chair in recent memory.
Why it matters: The 17th Fed chair, sworn in Friday at the White House, inherits a set of economic conditions that make it difficult to justify cutting rates.
Despite President Trump's u
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