Fed officials wary of inflation, complicating Warsh's push for rate cuts

Three Federal Reserve officials expressed growing concerns about inflation after their recent meeting, signaling challenges for incoming Fed Chair Kevin Warsh if he tries to lower interest rates quickly. Warsh has shown interest in cutting rates, aligning with President Trump's pressure, but persistent inflation and geopolitical tensions, like the war in Iran, are making rate cuts less likely. This cautious stance suggests the Fed may maintain higher rates longer to control inflation risks.