Warsh Sworn In as Fed Chair; Bond Investors Bet on Inflation-Fighting Stance
businessmacroeconomicspoliticsus-gov-appointments 2 posts · 1 accounts
Kevin Warsh was sworn in as chair of the Federal Reserve, with bond investors betting he will prioritize the central bank’s inflation-fighting credibility over President Donald Trump’s push for lower interest rates. Fed independence was also emphasized as Warsh took the helm.
From the sources (2 posts)
@businessAs Kevin Warsh takes the helm at the Federal Reserve, bond investors are betting he’ll prioritize the central bank’s inflation-fighting credibility over President Donald Trump’s push for lower interest rates.
@businessHe emphasized that he respects the Fed’s independence and praised Kevin Warsh, who was sworn in as Fed chair