DARK SECRETS: David wessel | Vintage Vibes

'In our lane': Fed's Warsh defies Trump but still fighting for credibility

US Federal Reserve chair Kevin Warsh delivered the interest rate hike this week that many economists think surging inflation required, defying President Donald Trump -- but questions about the central bank chief's credibility linger. The White House insists that any inflation is due to the previous administration, with Trump advisor…

The Economic Times · Sep 18

'This is the test': All eyes on US Fed to tackle high inflation

The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on the line. In recent weeks, however, several Fed policymakers…

The Economic Times · Sep 13

Scott Bessent A Credible, Safe Pick For Treasury: Experts

Hedge fund manager Scott Bessent is a credible, safe choice for US Treasury secretary -- and one that is likely positive for markets -- observers said Saturday following President-elect Donald Trump's highly anticipated nomination.

International Business Times · Nov 23, 2024