Reuters Econ World

Kevin Warsh’s policy trap


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President Trump’s pick for Fed chair is facing a multi-trillion-dollar high-wire act. The Iran war is ratcheting up inflationary pressures as the jobs market weakens. Raising or cutting interest rates right now could be problematic. But doing nothing is also risky with President Trump determined to see the Fed cut rates. On this episode of Reuters Econ World, U.S. economics editor Dan Burns joins host Carmel Crimmins to discuss how Warsh may try to thread the economic and political needle. 


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