FOLLOWING THE MONEY

Kevin Warsh has been cleared for takeoff. Don’t expect the next Fed chair to chart a radical course.

Despite pressure from Trump to cut interest rates, analysts don’t see Warsh suddenly moving to do so unless there’s a solid economic reason.

Kevin Warsh is sworn in during his nomination hearing to be a member and chairman of the Federal Reserve Board of Governors before the Senate Banking, Housing, and Urban Affairs Committee on April 21. (AP Photo/Jose Luis Magana)

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Kevin Warsh has been cleared for takeoff. Don’t expect the next Fed chair to chart a radical course.

Despite pressure from Trump to cut interest rates, analysts don’t see Warsh suddenly moving to do so unless there’s a solid economic reason.

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