The Sen Times

Warsh likely to side with financial markets over Trump as Fed rate hike expected

WASHINGTON, September 16, 2026 (AP) Barely four months into the job, Federal Reserve Chair Kevin Warsh is stuck between two strong and opposing forces: Financial markets that anticipate the central bank will raise interest rates, and President Donald Trump, who wants the Fed to cut them or leave them unchanged. Economists expect that on Wednesday, Warsh and his fellow policymakers will side with the markets. Warsh, economists say, has largely boxed himself into a rate hike after delivering a high-profile speech last month warning that inflation remains too far above the Feds 2% target and might require higher borrowing