politics
Warsh faces dicey path to interest rate cuts
Key takeaways
- Link copied by Jared Gans - 05/13/26 7:00 AM ET Link copied NOW PLAYING In today s issue:
- Kevin Warsh is poised to take leadership of the Federal Reserve at the end of the week, but that may not lead to the imminent interest rate cuts that President Trump has openly pushed for.
- The latest inflation report released Tuesday as Warsh was confirmed to the Fed s board revealed the consumer price index spiked to 3.8 percent year-over-year in April, well above expectations.
Why this matters: political developments that affect policy direction and public trust.
Link copied by Jared Gans - 05/13/26 7:00 AM ET Link copied NOW PLAYING In today s issue:
Kevin Warsh is poised to take leadership of the Federal Reserve at the end of the week, but that may not lead to the imminent interest rate cuts that President Trump has openly pushed for.
The latest inflation report released Tuesday as Warsh was confirmed to the Fed s board revealed the consumer price index spiked to 3.8 percent year-over-year in April, well above expectations.
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