The Globe and Mail reports in its Monday, June 15, edition that in January, President Donald Trump chose Kevin Warsh as the Federal Reserve chair, supporting lower interest rates. The Globe's Mark Rendell writes that the case for lower rates, however, has weakened significantly. That puts Mr. Warsh in a tricky spot when he takes the podium on Wednesday for his first rate decision as Fed head. Mr. Warsh has long been regarded as an inflation hawk. Over the past year, he transformed into a dove advocating for lower interest rates to gain favour with Mr. Trump. Now, he must balance this stance with the hawkish data and sentiments of his colleagues on the Federal Open Markets Committee without entirely abandoning his previous rhetoric. The focus now is on whether the Fed will remove language suggesting a bias toward easing. Traders will also analyze the quarterly Summary of Economic Projections for insights on future interest rate expectations from FOMC members. The financial markets expect the Fed to keep the federal funds rate at 3.5 per cent to 3.75 cent on Wednesday. TD's Oscar Munoz thinks Mr. Warsh has to side with the committee and acknowledge that inflation is the most problematic part of the dual mandate.