Wall Street Journal: “Warsh is set to be sworn in as the nation’s top central banker at the White House on Friday, the first Fed chair to take the oath there since Alan Greenspan in 1987. It is also his first public appearance with Trump since the president chose him in January after a monthslong public contest.”
“He takes over at a moment fraught with risk. Inflation is rising, long-term bond yields are climbing, and a growing number of investors say the Fed’s next move could be a rate increase—not the cut Trump wanted and Warsh was hired to deliver.”
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