Warsh Caught Between Markets and Trump on Interest Rates

Kevin Warsh, Federal Reserve Chair, finds himself in a difficult position. Barely four months into his job, he must balance the expectations of financial markets and President Donald Trump's desires for interest rates.

The markets anticipate that the Fed will raise interest rates on Wednesday, while Trump wants the rates to be cut or left unchanged.

Economists predict that Warsh and his fellow policymakers will side with the markets. This decision would likely have significant implications for the economy and financial markets.