Trump Pushes for Rate Cuts, Warsh Holds the Line for Fifth Straight Meeting

Trump Pushes for Rate Cuts, Warsh Holds the Line for Fifth Straight Meeting President Trump is pushing the Federal Reserve to cut interest rates, arguing that lower borrowing costs could supercharge the American economy. The Fed has chosen to keep rates unchanged for a fifth consecutive meeting. Three voting members wanted an increase instead, warning that inflation remains too high. Trump wants faster growth, while the Fed says controlling prices must come first.