Kevin Warsh to be sworn in as Fed chair this Friday

Kevin Warsh will be sworn in as Federal Reserve chair this Friday at the White House. He takes office as the central bank manages high inflation and rate cuts.

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Kevin Warsh will be sworn in as the Federal Reserve chair in the United States on Friday in a White House ceremony. The Senate approved the 56-year-old lawyer and financier on Wednesday to succeed Jerome Powell. Warsh must balance high inflation against demands for interest-rate cuts from the White House.

A New Chapter for Central Bank Leadership

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