Nick Timiraos|Jul 15, 2026 20:36
Trump on inflation to Fox Business's @EdwardLawrence
"Oil is going to be a little bit of yo-yo for a while. It goes up a little bit, goes down a little bit..."
Q: Would you be OK if the Federal Reserve paused rates for the rest of the year?
Trump: "Well, it's better than raising them.... OK? I mean, I'd like to see them go down."
Q: So you're giving Kevin Warsh some runway, then, to lower rates?
Trump: "Well, I do. I have a lot of respect for him.... Don't forget, he has a board. Maybe it's hostile. It could be hostile. And maybe it's people that don't want to do what's the right thing."(Nick Timiraos)
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