Fed Chair Warsh faces Trump pressure as investors price rate hikes

Investors increasingly expect the Federal Reserve to raise rates, putting Chair Warsh on a collision course with President Trump, who has pressured the Fed to keep policy loose. The core tension is whether Warsh will prioritize inflation-fighting credibility over political pressure, with markets pricing in a hike that would mark a reversal from prior easing. The outcome is uncertain and hinges on upcoming data and Warsh's public signals.