Between Trump and a hard place: Fed chair Warsh to lead first rate meeting (opens original article in a new tab)

US Federal Reserve chief Kevin Warsh will chair his first rate-setting meeting amid high inflation and pressure from the White House to lower rates, with the FOMC expected to hold rates steady and debate future guidance.

• Kevin Warsh will chair his first FOMC meeting amid pressure to lower rates amid high inflation
• FOMC is expected to hold rates steady, with potential debate on future guidance
• Warsh faces resistance from a divided committee and Trump's influence