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The Pressures Facing Kevin Warsh Ahead of Fed Chairship
Description
Yerbol Orynbayev and Ben Ayers preview the FOMC rate decision and Powell’s press conference. Yerbol highlights inflation on the rise and a weakening job market and says consensus is they will pause on rate moves. Ben sees conflicting signals in the economy and expects a split consensus among the Fed around a rate move. They discuss Kevin Warsh’s potential takeover of the Fed Chair position and how he might react to the economy.
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