Reading up on Kevin Warsh
2 deep · digging since may 14
- US 30-Year Yield Hits Highest Since 2007 as Selloff Deepens
The US 30-year Treasury yield surged to 5.20%, its highest since 2007, driven by inflation fears from the Iran war and mounting deficits.
- The Economy That Kevin Warsh, the Federal Reserve’s New Chair, Is Inheriting - The New York Times
The next Fed chair inherits an economy with cooling inflation but faces pressure from the White House to cut rates and manage a fractured Fed committee.