Fed Chair nominee Warsh, asked about a WSJ article back in December, said reporters who said that Trump pressed Walsh to cut rates need better sources, Trump never asked him to commit to a rate cut at any particular meeting, and he would never do that
Fed Chair nominee Warsh's comments clarify that President Trump did not pressure him to commit to specific rate cuts, which suggests a separation of monetary policy from political influence.
Witkoff and Kushner are still in the US, and the plane that was supposed to take them this morning from Miami to Europe to Pakistan didn't leave until several minutes ago and is making its way now to Washington DC, maybe to see Trump, Ravid reports
Fed Chair Nominee Warsh says if confirmed, will have to say dollar is the Treasury's business. The dollar is the lynchpin of the global economy. The US and Fed is a beneficiary of dollar strength.
Fed Chair nominee Warsh, asked about a WSJ article back in December, said reporters who said that Trump pressed Walsh to cut rates need better sources, Trump never asked him to commit to a rate cut at any particular meeting, and he would never do that
China says US-seized ship is foreign container vessel and reject false association and speculation
Fed Chair Nominee Warsh says over four FOMC meetings a year is appropriate; there is no lack of transparency
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This statement could signal a more independent approach to Fed decision-making, potentially reassuring markets that rate decisions will remain data-driven and not swayed by external pressures. Pay attention to how this sentiment might influence USD dynamics and policy expectations in the wake of these remarks.
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