Kevin Warsh's First Fed Meeting Sinks Elizabeth Warren's 'Sock Puppet' Complaint

Kevin Warsh's First Fed Meeting Sinks Elizabeth Warren's 'Sock Puppet' Complaint

The post Kevin Warsh’s First Fed Meeting Sinks Elizabeth Warren’s ‘Sock Puppet’ Complaint appeared first on 24/7 Wall St.. The Federal Reserve chair has always been one of the most scrutinized jobs in Washington. Every interest rate decision affects mortgages, credit cards, corporate borrowing costs, and ultimately the stock market itself. That reality made Kevin Warsh’s nomination as Fed chair one of the most divisive economic appointments in r…

Fed Chair Warsh's first meeting signals new era at US central bank

Warsh’s 1st monetary policy meeting as Fed chair highlights shift in communication strategy, while 5 new working groups point to broad review of how central bank operates

Morning Business Report: Stocks tumble as new Fed chair signals tougher stance on inflation

(LILAMAX)- Wall Street retreated  after newly appointed Federal Reserve Chair Kevin Warsh signaled a more aggressive approach to combating inflation. Warsh said Americans have endured five years of elevated prices and pledged to bring inflation under control. Economists say that effort could require additional interest rate hikes, a prospect that unsettled investors. The Dow Jones Industrial Average fell roughly 500 points after previously reach…