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Kevin Warsh says honored to lead Federal Reserve with central bank colleagues
Original: Fed Chair Warsh says honored to work with his central bank colleagues
Kevin Warsh, described as Fed Chair, said he is honored to work with his central bank colleagues. The statement suggests he has taken on the top job at the Federal Reserve, a role previously held by Jerome Powell. Warsh, a former Fed governor and long-time critic of the bank's policy stance, would now lead the institution he once scrutinized, and markets and economists are watching closely for signals on the direction of US interest rate policy.
Why now: Reports of Warsh becoming Fed Chair mark a major shift in US monetary policy leadership and its implications for rates and markets.
Kevin WarshFederal ReserveJerome Powell
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