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Economy News

The Economic Times

Economy / The Economic Times

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Kevin Warsh at Fed may not deliver big policy shift, no quick rate cuts

President Trump expects new Federal Reserve chair Kevin Warsh to cut interest rates. However, Warsh faces challenges like rising inflation and a cautious Fed committee. Most policymakers are not ready to lower borrowing costs. Warsh himself offered little clarity on rate cuts during his Senate hearing. Investors see little chance for a rate cut until October 2027.

25 Apr 2026 4:53 pm