Warsh Wants A ‘New Chapter’ For The Fed. A Rate Hike Could Come First
Federal Reserve Chairman Kevin Warsh made his debut at the lectern Wednesday after his first meeting at the helm of a central bank that has been buffeted by macroeconomic and political upheaval over the last two years.
While explaining the Board of Governors’ thinking on inflation and unemployment, Warsh also laid out a plan to reassess and reform all facets of the Fed’s operations through five task forces.
As reporters peppered him with questions about the execution, Warsh offered the same refrain: “We have a task force for that.”