Kevin Warsh

NEWS ANALYSIS

New Fed chief Warsh faces bumpy road as he leads tough first rate meeting

The US central bank is unlikely to cut rates this week, but all eyes are on the direction the new chair will take at his post-decision press conference

President Donald Trump says: "Nowadays when you have good reports, the market goes down because they think they’re going to raise interest rates.”

Trump says Fed rate increase would be wrong, again calls for cut

Rate-hike expectations were reinforced after a hot May jobs report on Friday 

Some of Warsh’s colleagues are already portraying the fight against inflation as gaining urgency.

US Fed’s Kevin Warsh inherits economy increasingly squeezed by inflation

Inflation has been above the central bank’s 2% target for more than five years

Warsh has long argued that the central bank should aggressively shrink its US$6.7 trillion balance sheet, bloated by years of bond buying.

Kevin Warsh’s Fed regime change comes with a catch

The changes now afoot will take banks back towards the world of ‘scarce’ reserves prevailing before 2008

While President Donald Trump has said he wants Kevin Warsh (pictured) to act independently as Fed chair, political pressure to bring rates down isn’t far from the surface. 

Warsh’s new challenge: Containing Fed hawks as inflation simmers

Trump has said he wants Warsh to act independently as Fed chair

Supreme Court Justice Clarence Thomas swears in new Federal Reserve chair Kevin Warsh (left) next to his wife Jane Lauder, in the East Room of the White House on May 22.

Warsh takes the Fed’s helm as inflation climbs, consumer sentiment dives

President Trump promises ‘full support’ of administration

Kevin Warsh will take office as fellow governors contemplate raising rates to tame inflation brought on by Trump’s war on Iran.

Trump will swear in Kevin Warsh on May 22 to lead US Federal Reserve

Warsh will serve a four-year term as chair and a 14-year term as a Fed governor

US and global bond markets increasingly reflect a conviction that top central banks will be lifting interest rates before long to lean against war-induced inflation.

US Fed minutes show more policymakers open to a rate hike

The central bank policymakers see rising inflation risks, with rate hike possible

Kevin Warsh will be sworn in as US Federal Reserve chief on Friday by President Donald Trump.

Fed’s Warsh has a difficult boss and tough job ahead, says StanChart CEO Winters

[HONG KONG] Incoming Federal Reserve chair Kevin Warsh faces both a tough environment and a “difficult boss,” Standard Chartered CEO Bill Winters said on Tuesday, pointing to political pressure on War...