Category: Warsh, Kevin M

Bessent and Warsh Take On the Bond Bears

The New York Times – Business:
The Treasury secretary and the Federal Reserve chairman face similar tests: calming investors’ growing worries about inflation and deficits.
Fed Meeting Will Test Central Bank’s Credibility With Bond Investors

The New York Times – Business:
If the Fed opts against raising interest rates on Wednesday, investors will probably increase their forecasts for inflation, injecting new turmoil into the government bond market.
Warsh Set for Showdown With Trump as Fed Faces Pressure to Raise Rates

The New York Times – Business:
The Federal Reserve is expected to raise interest rates on Wednesday, putting Kevin M. Warsh, the chairman, at odds with the administration just before the midterms.
Elevated Inflation Keeps Pressure on Fed to Raise Rates

The New York Times – Business:
The odds of a quarter-point rate increase at the Federal Reserve’s meeting next week surged to 90 percent after August’s Consumer Price Index report.
Bessent Takes on the Bond Vigilantes

The New York Times – Business:
As a rout in the bond market deepens, the pressure grows on Treasury Secretary Scott Bessent to restore calm.
Trump Threatens to Halt Some Trade Unless the Fed Cuts Rates

The New York Times – Business:
The president said he could halt trade between the United States and countries with which it has a trade deficit if the central bank doesn’t do his bidding.
Warsh, After Talking Tough on Inflation, Faces a ‘No-Win Situation’ on Rates

The New York Times – Business:
Kevin M. Warsh, the chairman of the Federal Reserve, must soon decide whether to raise interest rates if inflation does not ease, even if it draws President Trump’s ire.
High Debt and Rising Prices Catch Up to Trump, as Midterms Near

The New York Times – Business:
To win in 2024, the president promised an economic course correction. Almost two years later, his agenda has made that fight even harder.
Investors Expect Higher Rates After Fed Chairman’s Inflation Pledge

The New York Times – Business:
Kevin Warsh reiterated the Federal Reserve’s commitment to tackle rising prices, nudging up investor expectations of a rate increase.
Warsh’s Big Test at Jackson Hole

The New York Times – Business:
Investors want Kevin Warsh, the Fed chairman, to address inflation, interest rates and the bond market in a major speech. Some worry he won’t say enough.
Wall Street Loved Scott Bessent and Kevin Warsh. Not Anymore.

The New York Times – On the Runway:
We are approaching a credibility crisis with Scott Bessent and Kevin Warsh leading our economy.
PCE Index Shows Inflation Remained Elevated in July Amid High Energy Costs

The New York Times – Business:
The Personal Consumption Expenditure index, the Federal Reserve’s preferred inflation tracker, held steady in July.