TRUMP LASHES OUT AT FED AFTER WARSH BACKS RATE HIKE President Trump criticized the Fed after its unanimous 25bp hike to 3.75%–4.00%, demanding rates be cut to 1% or lower. Trump said he still has confidence in Fed Chair Kevin Warsh but called the Fed board “very hostile” and “very political.” Meanwhile, 16 of 18 policymakers see at least one more hike this year, with Warsh warning that inflation remains “too high” and underlying trends have not improved.(彭博社)