Fed, Powell and Interest rates
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Fed, Kevin Warsh
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In what could be Jerome Powell's final meeting as Fed chair, he and his fellow policymakers are likely to continue their cautious approach.
Fed divisions and rising inflation concerns signal a shift in rate outlook, surprising markets and complicating the path for incoming Chair Kevin Warsh.
Claudia Sahm worked with Warsh when they were at the Fed but doesn’t know him personally. She told Fortune that his disrespect for Democrats was striking.
8hon MSN
Inside the Fed: Powell vows he won't be a 'shadow chair,' but a Warsh clash will be tough to avoid
When the Fed gathers again, it will mark the first time a sitting and former chair conduct business together in nearly 80 years.
A rare four‑dissent Fed vote, Powell staying on as governor and Warsh’s unclear stance signal a new era of policy uncertainty for markets.
President Trump's pick to lead the Federal Reserve, Kevin Warsh, has said he wants to bring “regime change" to the central bank, but if confirmed by the Senate he will find a Fed already transformed by the White House's attacks.
Fast-rising gas prices lifted the Federal Reserve’s preferred inflation gauge to 3.5% in March, its highest rate in almost three years, new data showed Thursday.