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Warsh Sworn In As Federal Reserve Chair
Finance Yahoo·
Kevin Warsh has officially been sworn in as the new Federal Reserve chair. This appointment signals a potential shift in monetary policy, with rate hikes now being considered a distinct possibility. This represents a significant departure from the previous administration's focus on rate cuts. The market will be closely watching Warsh's initial actions and statements for further indications of the Fed's future direction under his leadership, particularly concerning inflation and economic growth.
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Finance Yahoo — finance.yahoo.com