Experts warn that regional Fed independence is vital to fighting inflation

By: Marty Schladen

Outlets: Ohio Capital Journal

Published: May 21, 2026

Words: 649

Last Updated: 2 months ago

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The Federal Reserve Bank of Cleveland virtually gathered three experts together this week to discuss why independence from political interference with the Fed banking system is essential to setting policies that will fight inflation over the long term.

The session came as Kevin Warsh, whom President Donald Trump nominated to chair the Federal Reserve, predicted a “good family fight” over cutting interest rates, CNBC reported.

It also came after the federal government …

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