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June 17 - Trump's favorite, Kevin Warsh, will have to make his first-ever decision on the Fed's interest rate
According to various media reports, Warsh prefers to use the inflation indicator "trimmed PCE," i.e., an indicator that does not account for sharp fluctuations in inflation. Warsh also often talks about productivity growth due to AI implementation, reducing the Fed's balance sheet, and other factors that, in theory, point to a decrease in inflation...
All of this may indicate that Warsh is ready to fulfill Trump's desire to cut rates, some experts believe...
Trump only wants cuts... Analysts point to data supporting at least maintaining the current rate....