MarketWatch
US · 28 mins ago
✦ 72◉ Centre
The new-Fed-chair ‘curse’ and $100-plus oil are already testing Kevin Warsh — and the stock market
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Quality 72/100
Partisan intensity 45/100
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◉ Centre ✓ Fair headline
A MarketWatch analysis suggests newly appointed Federal Reserve Chair Kevin Warsh faces immediate challenges from rising oil prices and a historical pattern of market downturns affecting new Fed leaders, forcing a difficult policy choice between controlling demand and supporting equity markets.
The new-Fed-chair ‘curse’ and $100-plus oil are already testing Kevin Warsh — and the stock market
Market downturns typically tag new central-bank leaders. And Warsh faces a tough choice between crushing demand or saving the bull market.
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