"Interest rate cuts + balance sheet reduction + reform"! Walsh's "three-pronged approach for the Fed"—whether it's real or not, will be revealed soon.
Kevin Warsh, after nearly a decade of waiting, has finally won Trump’s nomination for Federal Reserve Chair. However, the new leader will soon face his first real test: whether his promised “rate cuts, balance sheet reduction, and institutional reform” actually have room for execution. During his campaign, Warsh emphasized
