Today’s news / Trump defends Fed chief after unchanged rate
Kevin Warsh, who is the head of the US central bank, the Fed, presented the US key interest rate at a press conference on Wednesday. Photo: Win Mcnamee/Ritzau Scanpix

Trump defends Fed chief after unchanged rate

US President Donald Trump called Federal Reserve Chief Kevin Warsh a “brilliant guy,” even though the Fed decided to maintain interest rates for the fifth consecutive time. Trump stated that Warsh would love lower rates, but his board wants to keep rates up.

Following the decision, Warsh hinted...

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