WEATHER ALERT
Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflation
Read full article: Will tough talk be enough? Fed Chair Warsh faces pressure to combat inflationThe Federal Reserve is expected to keep its key interest rate unchanged when it meets Wednesday, but chair Kevin Warsh is under increasing pressure to hike rates soon, a move that could provoke ire from President Donald Trump, who appointed him.
Federal Reserve faces unorthodox leadership change: Warsh enters, Powell remains
Read full article: Federal Reserve faces unorthodox leadership change: Warsh enters, Powell remainsPresident 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.