Warsh Caught Between Trump and Bond Market Betting on Rate Hikes (opens original article in a new tab)

Federal Reserve Chairman Kevin Warsh is under pressure from both President Trump's call to lower interest rates and the bond market's expectation of rate hikes amid rising inflation, with his leadership scrutinized for balancing political pressures and inflation control.

• Federal Reserve Chairman Kevin Warsh faces pressure from Trump's call to lower rates and bond market bets on rate hikes
• Inflation rose to 4.2% in May, prompting traders to shift bets toward higher rates
• Warsh's leadership is scrutinized for balancing political pressures and inflation control
• Fed officials warn of potential rate hikes if inflation remains elevated
• Warsh plans to reshape the Fed's approach to inflation assessment and bond holdings