BUSINESSQUARTZ
New Fed chair is caught between a bond market demanding rate hikes and a president demanding cuts
The new Fed chair faces pressure from a bond market demanding rate hikes and a president demanding rate cuts. Warsh's first press conference will be scrutinized for signals on whether he prioritizes fighting inflation or placating the White House.
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Adjacent reporting
- Warsh and peace
- The bond market is already hiking rates as Kevin Warsh takes over as Fed’s new chair
- Fed Chair Warsh Faces Challenging Debut
- Kevin Warsh's challenges become clear after Fed chair Powell's last hurrah
- Odds against rate cuts high as new US Fed chair set for swearing in
- Watch: Trump will swear in Kevin Warsh as Fed chair as he seeks interest rate cuts