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Warsh Raises Rates and Reshapes the Fed

Kevin Warsh presided over his third FOMC meeting, where the Fed unanimously raised interest rates by a quarter point for the first time since 2023. The decision, aimed at curbing persistent inflation, drew sharp criticism from President Trump and highlights Warsh's broader reform agenda for the central bank.

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Kevin Warsh presided over his third FOMC meeting, where the Fed unanimously raised interest rates by a quarter point for the first time since 2023. The decision, aimed at curbing persistent inflation, drew sharp criticism from President Trump and highlights Warsh's broader refor…

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