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Home›Bonds & Rates›Economy›Fed Chairman Kevin Warsh accelerates policy shifts ami…

Fed Chairman Kevin Warsh accelerates policy shifts amid resistance

The emerging framework he is shaping points to additional potential rate hikes.

Reported · Written up by our desk · Economy

CNBC Markets reports that Fed Chairman Kevin Warsh is pushing a rapid change in parts of the central bank’s approach.

According to CNBC Markets, the policy framework that is emerging from Warsh’s efforts suggests that further rate hikes remain possible.

CNBC World similarly describes Warsh’s drive for a regime shift at the Fed, noting that it is meeting resistance as the framework takes shape.

The coverage indicates that while some areas are changing quickly, the path still allows for the possibility of additional rate hikes.

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Sources

CNBC MarketsWarsh's regime change at the Fed pushes ahead – and meets resistance
CNBC WorldWarsh's regime change at the Fed pushes ahead – and meets resistance

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