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The Economic Times

Global Business / The Economic Times

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Kevin Warsh's first move as Fed chair could be a rate hike

Kevin Warsh could become the new Federal Reserve chair and immediately face a decision on raising interest rates. This comes as oil prices surge and inflation figures are already high. Fed officials are discussing this possibility. Traders are also anticipating potential rate changes. Warsh faces a challenging situation with President Donald Trump advocating for lower rates.

20 Mar 2026 6:26 am