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Mint Quick Edit | The Federal Reserve’s credibility may soon be tested as Jerome Powell hands the baton to Kevin Warsh
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1 day ago
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The Fed's decision to keep policy rates unchanged reflects caution as the West Asia war's impact slowly unfolds. But more importantly, how will its stance shift under Kevin Warsh amid President Donald Trump's pressure to cut rates? The Fed’s credibility is at…
The Fed is concerned about inflation, which has exceeded its 2% target and could rise further as the supply shock caused by the war in West Asia sends prices of goods and services soaring in the US a… [+818 chars]
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