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Skip to content Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Company Communications Follow Products Industry Products Media Media Services Company Communications Follow Products Industry Products Media Media Services Bloomberg Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world For Customers Support Americas +1 212 318 2000 EMEA +44 20 7330 7500 Asia Pacific +65 6212 1000 Sept. 13, 2026, 8:00 PM UTC When Kevin Warsh was sworn into office at a White House ceremony in May, President Donald Trump praised his hand-picked Federal Reserve chairman and encouraged him to be “totally independent.” “Just do your own thing,” he said. That latitude from the president will be tested this week as the Fed faces mounting pressure to hike interest rates to tame elevated inflation. Friday’s report on consumer prices showed so-called core inflation grew at a hotter-than-expected pace in August, pushing investors’ expectations for a rate increase at the Fed’s Sept. 15-16 meeting above 85% in futures markets.
President Trump and Kevin Warsh shake hands during a swearing-in ceremony in the East Room of the White House in Washington on May 22. Photographer: Yuri Gripas/Abaca/Bloomberg That puts Warsh on ... Learn more about Bloomberg Law or Log In to keep reading: See Breaking News in Context Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
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Source: Bloomberg Law News
