{
  "id": 8088316,
  "title": "'In our lane': Fed's Warsh defies Trump but still fighting for credibility",
  "url": "https://urgent.news/2026/09/17/in-our-lane-feds-warsh-defies-trump-but-still-fighting-for-credibility",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-17T20:02:02.000Z",
  "source": {
    "name": "The Korea Times",
    "slug": "the-korea-times",
    "url": "https://www.koreatimes.co.kr/world/20260918/in-our-lane-feds-warsh-defies-trump-but-still-fighting-for-credibility"
  },
  "original_language": "en",
  "account": "In the United States, Federal Reserve chair Kevin Warsh surprised many economists and President Donald Trump by delivering the much-needed interest rate hike this week. The Federal Reserve increased rates by 25 basis points, setting them between 3.75 and 4.00 percent, signaling further hikes before the end of the year.\n\nWarsh's decision to hike rates came despite Trump's ongoing attacks on the central bank's independence, which included launching a criminal probe into Warsh's predecessor and attempting to remove another Fed governor in an effort to lower interest rates. Trump frequently berated the former chair, Jerome Powell, but responded cautiously to Warsh's announcement, telling reporters that he had spoken with Warsh prior to the meeting and that the decision to raise rates was a result of a \"hostile board.\"\n\nWhile the Fed chair's vote to raise rates aligned with the decision, questions remain about Warsh's credibility and ability to maintain the Fed's independence amid political pressure.",
  "summary": "WASHINGTON — U.S. Federal Reserve chair Kevin Warsh delivered the interest rate hike this week that many economists think surging inflation required, defying President Donald Trump — but questions about the central bank chief's credibility linger. The Fed on Wednesday raised rates in the world's largest economy by 25 basis points to between 3.75 and 4.00 percent, with policymakers signalling at…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "Kevin Warsh, an angry Trump and Jerome Powell Déjà vu: how history is repeating itself",
        "url": "https://urgent.news/2026/09/17/kevin-warsh-an-angry-trump-and-jerome-powell-deja-vu-how-history-is",
        "published": "2026-09-17T15:54:04.000Z"
      },
      {
        "outlet": "The Korea Times",
        "title": "'In our lane': Fed's Warsh defies Trump but still fighting for credibility",
        "url": "https://urgent.news/2026/09/17/in-our-lane-feds-warsh-defies-trump-but-still-fighting-for-credibility-8090391",
        "published": "2026-09-17T20:12:04.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}