Trump’s Weak Election Showing May Ease Pressure on Fed, Analysts Say

Cointime reports: President Donald Trump faced strong voter backlash in Tuesday’s elections, a result some Fed watchers say could reduce political pressure on Federal Reserve Chair Kevin Warsh and let him focus on controlling inflation. Since returning to office in 2024, Trump has repeatedly demanded rate cuts and sought to remove a sitting Fed governor. New Century Advisors chief economist Claudia Sahm said the Fed may not need to raise rates again if the election result pushes Trump to end the Iran conflict and drop further tariffs.