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 Donald Trump 's demands for lower interest rates look likely to be stymied by high oil prices and inflation, according to respondents to the latest CNBC Fed Survey. Respondents on average are not fully pricing a single rate cut this year. Just 58% of the 26 respondents see any rate cut at all. …