President Trump says he wants Warsh to be independent

Joshua Gibson FXStreet

Speaking ahead of the swearing-in of new Federal Reserve (Fed) Chair Kevin Warsh, President Trump stated that he wants Warsh to be "independent", stating that the Fed will "make their own decisions". Donald Trump also stated that he wants to stop inflation, and reminded listeners that economic growth and inflation are two different concepts.

Key Trump highlights

Want warsh to be independent
Warsh will restore confidence in the Federal Reserve
Fed will make their own decisions
Warsh will safeguard Federal Reserve's integrity
Want to stop inflation
Economic growth does not mean inflation
Stock market doing well means Warsh is liked
Warsh will have full support of my administration

Author

Joshua Gibson

FXStreet

Joshua joins the FXStreet team as an Economics and Finance double major from Vancouver Island University with twelve years' experience as an independent trader focusing on technical analysis.

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