Fed, Kevin Warsh and The Senate
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3hon MSN
To dot or not? Warsh's first Fed rate projection could out his views to the public - and Trump
By Howard Schneider WASHINGTON, May 13 (Reuters) - Kevin Warsh will face a key moment in his first weeks as U.S. Federal Reserve leader when interest rate projections released at June's meeting could reveal to President Donald Trump and the world whether Warsh is as dovish about rates as Trump might hope or disappears into more mainstream Fed thinking.
Agence France-Presse on MSN
Kevin Warsh returns to Federal Reserve with 'regime change' agenda
Kevin Warsh, the incoming chair of the US Federal Reserve, will return to the central bank with an ambitious reform agenda and the looming threat of intimidation by the man who nominated him: US President Donald Trump.
Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed.
By Howard Schneider and Ann Saphir WASHINGTON, May 13 (Reuters) - Fifteen years after leaving the Federal Reserve in opposition to an expansive bond-buying program that has since saddled it with a $6.
Some of them are feeling a different sentiment: pity. “Kevin Warsh is the dog who caught the car,” said John Cochrane, a senior fellow at Hoover, Warsh’s intellectual home and soon-to-be-former employer. “I say that with great affection and sympathy.”
Stronger-than-expected jobs report complicates Fed rate-cut hopes as inflation risks and Iran War energy shocks keep policymakers cautious.
Prepare for “a dovish leaning Fed.”