Pressure is mounting on Federal Reserve Chair Kevin Warsh. The central bank's September meeting has begun, and expectations are rising. A key issue is the potential for an interest rate hike, which contrasts with President Trump's calls for reductions.
The chair had previously suggested that action might be necessary if inflation does not meet a certain target. Further details about the situation and the central bank's considerations are available.
President Trump's demands are a factor in the decision-making process, and the chair must navigate these competing pressures. The outcome of the meeting is not yet clear.
