Kevin M. Warsh has made taming inflation the top priority of his tenure as Federal Reserve chairman. But his hesitancy to embrace the possibility of higher borrowing costs has sparked a backlash.
Category: Inflation (Economics)
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Warsh’s Performance Falls Flat With Markets as Fed Holds Rates Steady
The New York Times – Business: -
Government Borrowing Cost Hits Two-Decade High After Fed Rate Decision
The New York Times – Business:The surge in Treasury yields suggests investors doubt that the Federal Reserve can keep inflation contained.
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Fed Holds Rates Steady but Three Officials Back Increase
The New York Times – Business:Kevin M. Warsh’s second meeting as chairman of the Federal Reserve was colored by internal divisions over the path forward for policy.
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4 Takeaways From the Federal Reserve Meeting
The New York Times – Business:Fed officials held interest rates steady, but they have splintered over how to fight inflation.
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What to watch at the meeting.
The New York Times – Business:Kevin M. Warsh, presiding over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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What to Watch at the Federal Reserve’s July Meeting
The New York Times – Business:Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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What to Watch at the Federal Reserve’s July Meeting
The New York Times – Business:Kevin M. Warsh, who will preside over his second meeting as chairman of the central bank, faces pressure to raise interest rates as inflation remains elevated.
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A Few Officials Signaled Support for Higher Rates at Warsh’s First Meeting
The New York Times – Business:Minutes from Kevin M. Warsh’s first meeting as chairman revealed the extent of divisions at the central bank about the path for interest rates.
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Gas Stations Gain When Oil Prices Start to Drop
The New York Times – Business:President Trump is berating gasoline retailers for keeping prices high. Evidence suggests the business has grown more profitable.
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Egg Producers to Pay $3.3 Million to Settle Federal Price-Fixing Lawsuit
The New York Times – Business:The companies also agreed to donate more than 53 million eggs to food banks and nonprofits in 17 states that joined the federal government in the antitrust action.
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Labor Market Not a Source of Inflationary Pressure, Latest Report Shows
The New York Times – Business:The unemployment rate ticked down to 4.2 percent, but average hourly earnings were steady, giving Kevin Warsh, the Federal Reserve chairman, room to focus on fighting inflation.