Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates NYT > Top Stories By: Colby Smith 30 August 2026 at 00:47 Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire. © Natalie Behring/Getty ImagesKevin Warsh, chairman of the Federal Reserve, at the Jackson Hole Economic Symposium on Friday.
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