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Warsh puts Fed on collision course with Trump ahead of midterms

US central bank chair’s Jackson Hole hint that rates may rise runs counter to the reduction in borrowing costs the US president desires

Warsh puts Fed on collision course with Trump ahead of midterms

US central bank chair’s Jackson Hole hint that rates may rise runs counter to the reduction in borrowing costs the US president desires

Macro Financial Times Aug 29, 2026

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