Trump vs Warsh: Interest Rate Tensions Simmer

Kyle Rodda warns that the tension between US President Donald Trump and Federal Reserve Chair Kevin Warsh may escalate, potentially leading to further adjustments in interest rates.

The latest rate decision by the Fed was seen as unlikely to be a 'one and done' move, with pressure building for lower interest rates, according to Rodda.

Rodda suggests that Trump could eventually clash with Warsh over rate decisions, given the White House's push for lower rates while the Fed tries to maintain its independence.