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Economics3h 58m ago
US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.
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WASHINGTON
Who
US Federal Reserve chief Kevin Warsh, US President Donald Trump, Dan North (senior economist at Allianz Trade), Greg Daco (chief economist at EY-Parthenon), Diane Swonk (chief economist at KPMG)
What
US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.
When
Sun, 14 Jun 2026 02:04:00 GMT · 3h 58m ago
Where
WASHINGTON ·
Why
Warsh is caught between high inflation and unrelenting pressure from the White House to lower interest rates.
The Frontline Impact
How this affects you
The Federal Open Market Committee is expected to hold rates steady, but the ongoing US-Israel war on Iran has increased inflation, potentially leading to a rate hike by December, which may anger President Trump and challenge the Fed's independence.
Story chain
5 events in this thread- Economics3h 58m agoUS Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.Open article
- Economics3h 58m agoUS Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.Open article
- Currently Reading3h 58m agoUS Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week.
- Economics4h 31m agoWarsh's first policy-setting meeting as the central bank's chairman is anticipated to reveal potential shifts in monetary policy and face significant dissent among Fed members.Open article
- Economics4h 31m agoThe upcoming Federal Reserve policy-setting meeting will focus on the Summary of Economic Projections (SEP) and the Dot Plot, with potential for significant dissent among policymakers.Open article