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Kevin Warsh just defied Donald Trump. Now what?

The Federal Reserve’s first rate hike in three years has ushered in a new twist to the already unusual relationship between President Donald Trump and the world’s most powerful central bank.

Sources (1)· Sep 17, 7:05 PM

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Federal Reserve is expected to raise its benchmark rate, defying Trump's demandsThe Federal Reserve is widely expected to lift its short-term interest rate Wednesday for the first time in three years to fight stubbornly high inflation, a move that would put the central bank at odds with President Donald Trump’s demands. An increase in the Fed’s rate, currently about 3.6%, isn’t guaranteed but most analysts and economists expect a…