Warsh Faces Rising Pressure to Hike Rates Amid Inflation Concerns

The Federal Reserve is set to meet on Tuesday and Wednesday, but despite expectations of maintaining its key interest rate, Chair Kevin Warsh faces increasing pressure to hike rates soon.

This move could antagonize President Donald Trump, who appointed Warsh, highlighting the delicate balance between monetary policy and politics.

The Fed's decision comes as inflation concerns continue to simmer in the US economy, prompting calls for a rate increase from some quarters.