BusinessNews brief
Trump wants lower rates. His new Fed chairman is poised to raise them
The Federal Reserve finds itself in a confusing economic moment, but one thing has become clear: Interest rates are moving higher, likely starting Wednesday. That’s an awkward reality for Kevin Warsh, the Fed chairman handpicked by President Donald Trump to lower rates.
Sources and context
CnnSource headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-09-16. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.