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Inflation could get in the way of Warsh's desire to cut interest rates, CNBC survey finds
Efforts by Fed Chair nominee Kevin Warsh to satisfy President Trump's demands for lower rates look likely to be stymied by high oil prices and inflation, according to the latest CNBC Fed Survey. High oil prices are seen pushing up inflation while pushing down growth.
Efforts by Fed Chair nominee Kevin Warsh to satisfy President Trump's demands for lower rates look likely to be stymied by high oil prices and inflation, according to the latest CNBC Fed Survey. High oil prices are seen pushing up inflation while pushing down growth.