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Trump on 'collision course' with handpicked Fed Chair after startling rebuke: report
U.S. President Donald Trump arrives with incoming Federal Reserve Chair Kevin Warsh for Warsh’s swearing-in ceremony at the White House in Washington, D.C., U.S., May 22, 2026. REUTERS/Jonathan Ernst
The “Collision” Is Trump’s Demand for Monetary Obedience
A Rate Hike, Not a Mystery
On September 16, the Federal Reserve raised its target range by a quarter percentage point to 3.75–4 percent. Its statement cited elevated inflation and geopolitical uncertainty. Reporting described the war in Iran as part of the economic backdrop. Earlier that day, Trump had demanded the world’s lowest interest…
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