Kevin Warsh

This might be remembered as a moment when the central bank switches its approach

He must soon decide whether to raise interest rates if inflation does not ease, even if it draws Trump’s ire

The Fed held interest rates steady at its July policy meeting

He says interest rates are the Fed’s “predominant tool” for achieving its mandate

The MSCI Asia Pacific equities gauge slips 0.5% after a semiconductor sell-off on Wall Street

The new plan by the US Treasury Secretary drives the US dollar to the weakest in three months

He hinted at his long-running desire to see the Fed lower interest rates

The odds of a hike in September are now 50-50, according to some analysts

The US central bank chair now faces more pressure to back up his words with interest rate hikes