Trump spent months attacking the Fed for keeping rates too high, but after it raised them Wednesday, he cast himself as having blessed it in a call to Fed Chairman Kevin Warsh in the days before the decision. The truce is the clearest sign yet that Warsh has, for now, reset a relationship in which the White House treated the central bank as an adversary. The risk is that it lasts only until the Fed raises rates again. Trump's account of a hostile committee could leave investors wondering whether Warsh is leading the Fed or being carried along by it. Some observers see a face-saving exercise by Trump while others wonder about a dangerous equilibrium: A White House that actually believes the increase, and any that follow, are being forced on Warsh could invite the administration to attempt to remove officials it thinks are obstructing him. w/@schwartzbWSJ https://www.wsj.com/politics/policy/how-warsh-raised-rates-without-drawing-trumps-ire-5b0063f0?st=qc6TWV&reflink=desktopwebshare_permalink