📈 Stocks & Economy🇮🇳 India
Trump Attacks Fed, Signals Rate Path Is Now Kevin Warsh's Call — RBI Watchers Take Note
MarketWatch·Friday, 3 July 2026
US President Donald Trump called the Federal Reserve 'hostile' and said incoming Fed chief Kevin Warsh 'has to do what he has to do' on interest rates. Trump also said he still plans to remove Fed Governor Lisa Cook from the board. The remarks signal continued political pressure on the world's most powerful central bank.
Why It Matters
When the US Fed moves on rates, money flows in and out of emerging markets like India. A politically pressured Fed creates uncertainty that directly affects the rupee, Indian bond yields, and foreign investment.
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