Trump wants lower rates. His new Fed chairman is poised to raise them
- Posted on September 16, 2026
- By CNN
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- 1 min read
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Trump wants lower rates. His new Fed chairman is poised to raise them
The Federal Reserve finds itself in a confusing economic moment, but one thing has become clear: Interest rates are moving higher, likely starting Wednesday. That’s an awkward reality for Kevin Warsh, the Fed chairman handpicked by President Donald Trump to lower rates.
