Category: Warsh, Kevin M

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.
Why the Jobs Market Has Wall Street and Washington on Edge

The New York Times – Business:
A rebound in hiring has put more pressure on the Federal Reserve to raise interest rates. New jobs numbers are scheduled for release on Thursday.
Fed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago

The New York Times – Business:
The Federal Reserve chairman, Kevin Warsh, stressed that the central bank would “deliver price stability,” a point he has emphasized repeatedly since taking over in May.
How Warsh Has Begun to Change the Fed

The New York Times – Business:
Just weeks into his job as chairman of the Federal Reserve, Kevin M. Warsh has embraced some of the central bank’s conventions while signaling seismic shifts ahead.
U.S. Inflation Problems Are Far From Over

The New York Times – Business:
The Federal Reserve’s new chairman has vowed to deliver price stability, but officials are at odds over whether that will require higher borrowing costs.
Why the Fed Could Loom Large Over the Midterms

The New York Times – Business:
Wall Street increasingly predicts the central bank will raise interest rates, possibly ahead of Election Day in November. That could anger President Trump.
In Alan Greenspan, Kevin Warsh Saw a Fed Chairman Role Model

The New York Times – Business:
Kevin M. Warsh has long singled out Alan Greenspan, who died on Monday, as the central banker he wants to exemplify.
Majority of Fed Officials Embraced Possibility of Higher Rates at Latest Meeting

The New York Times – Business:
A record of the April meeting, Jerome H. Powell’s last as chair, underscored the extent to which the war with Iran has upended the economic outlook.
As Powell Steps Down, the Fed Confronts ‘Regime Change’

The New York Times – Business:
Jerome H. Powell is passing the chair’s baton to Kevin M. Warsh at the Federal Reserve, an institution that President Trump’s pick says needs an overhaul.
Senate Confirms Kevin Warsh as Fed Chair

The New York Times – Business:
President Trump’s pick to replace Jerome H. Powell takes the helm at a highly uncertain moment for the economy and with heightened concern about the Federal Reserve’s ability to operate independently.
Why a Warsh-Led Fed May Keep Interest Rates Higher for Longer

The New York Times – Business:
Kevin Warsh, President Trump’s pick to run the Federal Reserve, would face a growing inflation challenge if he’s confirmed.
Why Stocks and Bonds Are Responding Differently to the Iran War

The New York Times – Business:
Stock investors are betting that companies will make enormous profits, despite the war. But investors in bonds, including U.S. Treasuries, have other concerns.