Goodbye, Powell! Amid domestic and global uncertainties, Kevin Warsh officially took over the Fed on May 22. He said at his inauguration ceremony that he would “lead a reform-focused Fed” and emphasized his commitment to taming inflation. Today, with oil prices still hovering around $100, Warsh faces huge challenges. The whole market is watching how…
Tag: Fed
Kevin Warsh Hearing: Is the Fed About to Change?
Every trader lives under the same sky. That sky is the Federal Reserve. In about half a month, Jerome Powell will step down. The likely successor is Kevin Warsh. Young, ambitious, and ready to make a mark. As the saying goes, a new leader brings new changes. And Warsh is not holding back. He is…