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President Trumps pick for Fed chair, Kevin Warsh, is expected to maintain steady policy, contrary to Trumps push for quick interest rate cuts. Warshs past advocacy for cuts and recent silence on the matter, along with rising inflation risks and a steadying job market, suggest no immediate rate reductions. The rate-setting committee votes next week, with most members leaning against easing due to inflation concerns. Warshs focus on taming inflation quickly and his recent hearing talk indicate hes not rushing cuts, potentially proving Fed independence amid economic fluctuations.
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US News Today | 2 Min News | The Daily News Now!

US News Today | 2 Min News | The Daily News Now!

US News Today | 2 Min News | The Daily News Now!