Wu Blockchain (@WuBlockchain): WSJ: Warsh Faces 90% Rate-Hike Odds as Trump-Fed Truce Comes Under Pressure
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WSJ: Warsh Faces 90% Rate-Hike Odds as Trump-Fed Truce Comes Under Pressure Investors now see about a 90% chance that Fed Chair Kevin Warsh will raise rates this week, putting his political truce with President Trump under its biggest test yet. Warsh took office after criticizing the Fed for cutting too slowly, but rising energy prices, new tariffs, AI-driven demand and a firmer August inflation print have sharply changed the backdrop. Trump spent much of last year pushing for lower rates, while White House adviser Kevin Hassett said the president would respect the Fed’s decision even though he would not be “super happy” about a hike.