Kevin Warsh’s First Policy Meeting as Federal Reserve Chair

Kevin Warsh is set to lead his first policy meeting next week while inflation reaches its highest point in three years. President Trump expects borrowing costs to decrease.

Last month, Warsh was sworn in as chair of the Federal Reserve, marking a new direction under President Donald Trump’s administration. Warsh had previously suggested the Federal Reserve could reduce interest rates. This perspective made him appealing to Trump, who prioritizes rate cuts.