All eyes on Fed Chair Kevin Warsh
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1monon MSN
US Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chair in a 54–45 vote, replacing Jerome Powell. He will lead amid Trump’s push for rate cuts and inflation concerns. Warsh, previously a Fed governor,
The president said Wednesday he is happy with inflation at 4.2%. That will be welcome news for new Fed Chair Kevin Warsh.
The bond market wants Fed chair Kevin Warsh to rein in inflation by increasing benchmark interest rates at the central bank.
4don MSNOpinion
Fed Chair Kevin Warsh sees room to lower interest rates, but President Trump's actions have essentially made rate cuts impossible.
