US, Trump: “I still have confidence in Warsh, Fed board very hostile”

Milan, September 17 (LaPresse) – Despite the Federal Reserve acting contrary to his requests, the US president continues to have confidence in Fed Chairman Kevin Warsh. ABC News reports, quoting the US president. “I’m counting on Kevin, but he’s dealing with a very harsh, very hostile, very politicized board,” Trump said while flying to a campaign rally in North Carolina, referring to the 12-member board of the US financial institution. “You’re dealing with a board appointed by many other people,” Trump added, also calling interest rates “too high and not appropriate.”