Federal Reserve Chairman Kevin Warsh held interest rates steady in his first rate-setting meeting, with nearly half of U.S. central bankers projecting a rate hike will be needed this year.
President Donald Trump expressed confidence in Chairman Warsh, saying ‘It’s all right. Whatever’ when asked about the decision to hold interest rates steady.
Warsh declined to comment on the possibility of future rate hikes, but stated he had met with Treasury Secretary Scott Bessent several times since taking the helm at the Fed.
Original reporting: Appleton, WI News Feed (HLL/CB) — read the source article.
