Fed Chair Kevin Warsh Has Held Rates Steady in Back-to-Back Meetings Since Taking Over in 2026. What His Cautious Start Means for Markets.
Warsh kept the federal funds rate unchanged for a second meeting as he pursues AI tools and five task forces to modernize Fed policy.
8 Articles
8 Articles
How Kevin Warsh is rewiring the Fed
Federal Reserve chairman Kevin Warsh is attempting a high-wire act: He's trying to fundamentally rethink the central bank's approach to guiding the economy, while also using its standard policy toolkit to bring down stubbornly persistent inflation.A market blowup late last month showed the perils of trying both at the same time.The big picture: Markets sold off and the economic commentariat was sharply critical of a Warsh press conference on Jul…
Fed Chair Kevin Warsh Divests Pledged Assets, Including Crypto Holdings, Ethics Filings Show
BitcoinWorld Fed Chair Kevin Warsh Divests Pledged Assets, Including Crypto Holdings, Ethics Filings Show Federal Reserve Chair Kevin Warsh has completed the sale of all financial assets he previously pledged to divest, including cryptocurrency holdings, according to documents filed with the U.S. Office of Government Ethics. The filings, made public this week, show that Warsh disposed of his positions in several digital assets shortly after ass…
Federal Reserve appoints Doug McMillon to new data task force under Chair Kevin Warsh
The Fed's new data task force could revolutionize economic analysis, potentially leading to more timely and effective monetary policy decisions. The post Federal Reserve appoints Doug McMillon to new data task force under Chair Kevin Warsh appeared first on Crypto Briefing.
Kevin Warsh, the new Chairman of the Federal Reserve, aligns himself with economists who see artificial intelligence as a powerful and rapid shock to productivity – exerting a disinflationary force that will allow lower interest rates. But the vision is far from being a consensus within the Fed itself – and one of the main voices against the argument that higher inflation in the short term should be tolerated in the name of possible productivity…
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