Rate Cuts Under Warsh? Treasuries and Inflation Data Just Shifted the Ground
Incoming Fed Chair Kevin Warsh hasn't promised Trump rate cuts. Now, 2-year Treasury yields spiked above 4%, and inflation data is moving the wrong way.
Incoming Fed Chair Kevin Warsh hasn't promised Trump rate cuts. Now, 2-year Treasury yields spiked above 4%, and inflation data is moving the wrong way.
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Federal Reserve Governor Stephen Miran resigns from his seat once Kevin Warsh takes over as Chair. Miran criticizes Fed’s inflation measurement in resignation letter.
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