---
title: "Trump reverses course on interest rates while backing Warsh — after months of demanding cuts, he now says raising them is effective"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/289663501.md"
description: "President Trump has spent a considerable amount of time calling on the Fed to cut interest rates. This week, he contradicted himself on the same day the Senate Banking Committee met."
datetime: "2026-06-13T10:57:38.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/289663501.md)
  - [en](https://longbridge.com/en/news/289663501.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/289663501.md)
---

# Trump reverses course on interest rates while backing Warsh — after months of demanding cuts, he now says raising them is effective

President Trump has spent a considerable amount of time calling on the Fed to cut interest rates. This week, he contradicted himself on the same day the Senate Banking Committee met.

## Related News & Research

- [Prof G warns Trump is 'bankrupting' America — how to save yourself from a 'weakening' US in 2026](https://longbridge.com/en/news/289662059.md)
- [Trump says post from Iranian foreign minister is "very positive"](https://longbridge.com/en/news/289624193.md)
- [Trump Situation Room meeting on Iran strike options, one is big scale, short duration](https://longbridge.com/en/news/289373008.md)
- [Breaking: Trump cancels scheduled attacks on Iran today](https://longbridge.com/en/news/289498046.md)
- [Trump threatens to 'take back' DC if democratic socialist is elected as mayor](https://longbridge.com/en/news/289618315.md)