The Latest Breaking News from Kevin Warsh

Kevin Warsh just revealed a huge change for the Fed. The press missed it

Warsh is shaping up to run the Fed in a totally different way than it has been for decades.

Fortune · Sep 18

The Federal Reserve increases interest rates after three years to combat inflation and leaves Trump fuming: ‘We are the Best Credit in the World’

A sober, serious, and responsible decision.

We Got This Covered · Sep 18

Trump’s authoritarian mindset can’t handle dissent from his appointees

Defiance from the supreme court and the Federal Reserve chair in one week ... how ever will the US president cope?

The Guardian - US · Sep 18

The Fed Can't Fight Inflation Alone. Will Congress Do Its Part?

Lawmakers have to show they'll back the national debt with future fiscal surpluses, which means reining in government spending.

Reason · Sep 17

US Treasuries rally as oil cools and confidence in Fed’s Warsh grows

US Treasury yields fell as declining oil prices and renewed confidence in the Federal Reserve’s inflation fight eased pressure on the bond market. The 10-year yield dropped to 4.95%, snapping an eight-day rise, while investors weighed the possibility of further rate hikes after the Fed’s latest decision.

The Economic Times · Sep 17

Why the Federal Reserve is lifting rates now, and what it means

About six weeks ago, Federal Reserve Chairman Kevin Warsh announced that a divided central bank was keeping its key interest rate unchanged

The Independent UK · Sep 17

The Fed Just Reversed Course: Rates Rise to 3.75%-4.00%, and Latino Homebuyers Feel It First

The Fed raised rates to 3.75%-4.00%, its first hike since 2023. Here's how it hits Latino homebuyers, mortgages, auto loans and credit cards.

Latin Times · Sep 17

London stocks rise as investors digest Bank of England’s ‘hawkish’ hold

The Bank of England’s Monetary Policy Committee voted 6-3 to maintain bank rate at 3.75%, repeating July’s split.

Evening Standard · Sep 17

Kevin Warsh, an angry Trump and Jerome Powell Déjà vu: how history is repeating itself

The S&P 500 fell 1% and the Dow lost 1.7% as the Fed chair said rates weren't restrictive before Wednesday's hike.

Fortune · Sep 17

Fed builds credibility, but hawkish turn leaves investors edgy

In a significant move, the Federal Reserve has raised interest rates for the first time since 2023, marking a shift towards a hawkish stance on inflation management. This unanimous choice has led investors to brace for more potential rate increases, generating ripple effects across asset markets. Following a surge, bond…

The Economic Times · Sep 17