Finance2h ago
US Market: Fed’s Warsh faces tough rate call as inflation remains sticky
Federal Reserve Chair Kevin Warsh is under pressure to balance persistent inflation with calls from President Donald Trump for lower or unchanged interest rates. Markets expect the Fed to raise rates at Wednesday’s meeting as inflation remains above its 2% target. The Fed’s preferred inflation gauge rose to 3.7% in July from 2.3% in April 2025, while core inflation increased to 3.3%, reinforcing concerns over continued price pressures.
This story was originally reported by Economic Times — Markets. As an automated real-time news aggregator, NewsToolBar provides multi-perspective indexing and AI summarization while directing full readership directly to primary publisher sources.
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