Warsh Takes the Helm at the Fed as Inflation Looms

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Source: qz.com
TL;DR Summary

Kevin Warsh is sworn in as the Federal Reserve chair, taking charge of a divided central bank amid stubborn inflation; the ceremony, hosted at the White House, marks a rare transition as he pledges a reform-minded, independent approach to price stability and maximum employment, while Powell stays on the Board and markets eye possible rate hikes later this year.

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