Federal Reserve Chair Kevin Warsh faces mounting pressure to increase interest rates to combat inflation as the Fed prepares to keep rates unchanged at Wednesday's meeting. Officials are debating whether tougher monetary policy is needed to control price growth.
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Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation AP News
The Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him.