Federal Reserve Chair Kevin Warsh has argued that the Fed must take full responsibility for controlling prices|The White House
Federal Reserve Chair Kevin Warsh is leading his first Fed policy meeting today as investors and economists watch for clues on the future path of US interest rates.
A longtime inflation hawk, Warsh has argued that the Fed must take full responsibility for controlling prices.
The central bank is widely expected to leave interest rates unchanged, but stronger core inflation and higher energy costs linked to the Iran conflict have clouded the outlook.
Investors will closely watch Warsh’s first press conference for signals about future rate decisions and any changes to how the Fed communicates policy.
Markets are also eager to see how Warsh’s leadership could reshape the central banking system.