Warsh clinches Senate approval to be Fed's next chair as inflation intensifies
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Warsh clinches Senate approval to be Fed's next chair as inflation intensifies
WASHINGTON (May 13): The US Senate on Wednesday approved Kevin Warsh as the chair of the Federal Reserve (Fed), putting the 56-year-old lawyer and financier at the helm as the US central bank grapples with intensifying inflation that may make it hard to push through the interes»»»
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The dollar held firm on Thursday, supported by higher U.S. Treasury yields, as investors began to price in the prospect of Federal Reserve rate hikes this year, while the global focus was on a two-day summit between U.S. President Donald Trump and China's Xi Jinping, Reuters reported. Xi told Tru»»»
Warsh clinches Senate approval to be Fed's next chair
Kevin Warsh AFP-Yonhap WASHINGTON (Reuters) -- The US Senate on Wednesday approved Kevin Warsh as chair of the Federal Reserve, putting the 56-year-old lawyer and financier at the helm as the US central bank grapples with intensifying inflation that may make it hard to push through the interest-ra»»»
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