What changed
TRUMP TO SWEAR IN KEVIN WARSH AS NEW FED CHAIR — PLEDGES TO END FORWARD GUIDANCE
Trump called the Fed "distracted" by climate and DEI, blamed prior admin for "worst inflation in history." Says Warsh will modernize data, scrap "inaccurate models," and end forward guidance.
Why it matters
Trump called the Fed "distracted" by climate and DEI, blamed prior admin for "worst inflation in history." Says Warsh will modernize data, scrap "inaccurate models," and end forward guidance.