'I’m relying on Kevin': Trump’s surprising response after interest rate hike despite his push for 1%

By The Economic Times

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President Donald Trump says he still has confidence in Federal Reserve Chair Kevin Warsh despite the Fed raising interest rates by 0.25% — the first hike in three years. Trump has repeatedly pushed for much lower borrowing costs, even calling for rates to fall to 1% or lower. After the decision, however, Trump said, “I’m relying on Kevin,” while arguing that interest rates remain too high and pointing to a 'very tough' Fed board. #Trump #KevinWarsh #BreakingNews #TrumpNews #FederalReserve #Fed #InterestRates #RateHike #USEconomy #Inflation #FedChair #USNews ► Subscribe to The Economic Times for the latest video updates. It's free! - https://www.youtube.com/TheEconomicTimes?sub_confirmation=1 ► More Videos @ ETTV - https://economictimes.indiatimes.com/TV ► https://EconomicTimes.com ► For business news on the go, download ET app: https://etapp.onelink.me/tOvY/EconomicTimesApp Follow ET on: ► Facebook - https://www.facebook.com/EconomicTimes ► Twitter - https://www.twitter.com/e

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