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CBS News
CBS News
US · 2 hrs ago
75◉ Centre
How much sway will new Fed Chair Kevin Warsh have over interest rates?
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Credibility 75/100
Partisan intensity 25/100
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◉ Centre ✓ Fair headline

An analysis of how much influence incoming Federal Reserve Chair Kevin Warsh is likely to have over interest rate decisions, noting that while Fed chairs typically wield significant power, consensus-building with the committee will be necessary.

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How much sway will new Fed Chair Kevin Warsh have over interest rates?
Fed chairs usually have a great deal of influence over the committee that sets interest rates, but their power is not absolute. And experts say Warsh will need to work to form consensus.
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