CBS News
US · 2 hrs ago
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How much sway will new Fed Chair Kevin Warsh have over interest rates?
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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.
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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