{"id":435685,"date":"2026-08-07T16:32:41","date_gmt":"2026-08-07T09:32:41","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/trump-says-a-rate-hike-isnt-completely-up-to-warsh-its-up-to-the-board-435685\/"},"modified":"2026-08-07T16:32:41","modified_gmt":"2026-08-07T09:32:41","slug":"trump-says-a-rate-hike-isnt-completely-up-to-warsh-its-up-to-the-board","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/trump-says-a-rate-hike-isnt-completely-up-to-warsh-its-up-to-the-board-435685\/","title":{"rendered":"Trump says a rate hike isn&#8217;t completely up to Warsh, it&#8217;s up to the Board"},"content":{"rendered":"<div>\n<ul>\n<li>A rate hike is not completely up to Warsh<\/li>\n<li>He&#8217;s got a board that&#8217; very political <\/li>\n<li>It&#8217;s up to the board<\/li>\n<li>I think Warsh is great, I won&#8217;t criticize him<\/li>\n<\/ul>\n<p class=\"PDq2pG_selectionAnchorContainer\">\n<p>Speaking in an interview with Punchbowl News, Trump said a potential rate hike is &#8220;not completely up to Warsh&#8221; adding that the Fed chair &#8220;has a board that&#8217;s very political&#8221; and stressing that the decision ultimately rests with the broader committee.  Trump reiterated his confidence in the Fed chair, saying &#8220;I think Warsh is great. I won&#8217;t criticize him.&#8221; <\/p>\n<p>Although the Fed chair is the most influential voice within the Federal Reserve, interest rate decisions are determined by the FOMC on a majority vote basis rather than by the chair alone.<\/p>\n<p>The voting committee consists of the seven members of the Board of Governors, the president of the New York Federal Reserve, and four of the remaining regional Fed presidents on a rotating basis. Each voting member casts an independent vote at every policy meeting, meaning the chair cannot unilaterally raise or lower interest rates if the majority of the committee disagrees.<\/p>\n<p>As a result, even if Warsh was personally inclined toward keeping interest rates steady, he would still need sufficient support from other voting members for such a move to be approved. Trump is distancing Warsh from sole responsibility for any future rate increases while reinforcing his support for the Fed chair. <\/p>\n<p>                            This article was written by Giuseppe Dellamotta at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>A rate hike is not completely up to Warsh He&#8217;s got a board that&#8217; very political It&#8217;s up to the board I think Warsh is great, I won&#8217;t criticize him Speaking in&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-435685","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435685","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=435685"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/435685\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=435685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=435685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=435685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}