Brisbane Times
·australia
·7 hours ago
So far, so good: The Warsh era at the Fed gets underway
Kevin Warsh convened his first meeting as chair of the US Federal Reserve on June 18, focusing on price stability amidst persistent inflation. His hawkish tone contrasted with the previously verbose statements, and the FOMC reached a unanimous decision to hold rates steady. Warsh aims to signal independence from political pressures while introducing significant changes to the Fed's operations.
Summary by Glance · Brisbane Times
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