Fed raises rates as Warsh bucks Trump to contain inflation

The Federal Reserve raised interest rates by a quarter percentage point and pencilled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump. 

The Federal Reserve raised interest rates by a quarter percentage point and pencilled in an additional hike later this year, steps aimed at containing inflation that will test Chairman Kevin Warsh’s relationship with President Donald Trump.  CMT News 

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