Fed Chair Kevin Warsh Faces Pressure for Higher Interest Rates
Federal Reserve Chair Kevin Warsh is facing a committee where a majority of members are signaling a preference for higher interest rates this year, potentially leading to a scenario of higher Fed rates and lower mortgage rates.
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Fed Chair Kevin Warsh Faces a Committee Where 9 of 19 Members Are Signaling Higher Interest Rates This Year
Read full article →Warsh’s Twist Could Be Higher Fed Rates and Lower Mortgage Rates
Let’s get this out of the way right away: It’s highly unlikely the Federal Reserve will raise interest rates when policymakers meet this week after the latest data showed inflation has slowed.
By Robert Burgess
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