The Economic Times

Trump's latest threat just baffled one and all, but it could turn out to be a major gift to Fed's Kevin Warsh

President Trumps remarks about US interest rates in relation to trade sparked confusion among market experts. Fed Chair Kevin Warsh, though, can use this opportunity to reinforce his independence. By pushing for a rate hike, Warsh could enhance his reputation and insulate himself from the perception of White House's influence, while also reaffirming the Fed's commitment to controlling inflation.