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Trump wants rate cuts but Kevin Warsh may resist big Fed shift
International
Published on 25 April 2026
Senate hints didn’t match rate cut promises
President Trump is betting new Fed chair Kevin Warsh will quickly cut interest rates. But Warsh faces a tougher reality: inflation pressures and a Fed committee that isn’t eager to loosen policy. At his Senate hearing, he offered little concrete direction on timing for cuts, and investors now largely expect no rate cut until October 2027.
- Trump expects Kevin Warsh to push faster rate cuts
- Rising inflation and a cautious Fed committee complicate that path
- Warsh’s Senate comments gave little timing clarity
- Markets largely see cuts unlikely until 2027
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times