Jon Hilsenrath

Chief Economic Correspondent - The Wall Street Journal

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Kevin Warsh insists on price stability despite Trump's pressure for lower rates
business Jun 17, 2026, 2:00 AM
Kevin Warsh insists on price stability despite Trump's pressure for lower rates
  • Kevin Warsh emphasized the need for price stability, stating inflation is unacceptable.
  • His hawkish stance led to a significant market downturn, with major indices falling sharply.
  • The situation reflects ongoing tensions between the Federal Reserve's independence and political pressures.
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