Warsh Sworn In as Fed Chair Amid Surging Inflation and No-Cut Outlook
Key Questions
Who is the new Fed Chair and when was he sworn in?
Kevin Warsh was sworn in as Fed Chair on May 18. He is viewed as a hawkish appointment amid rising inflation.
What is the current inflation outlook according to the Fed?
CPI has exceeded 4 percent with no rate cuts expected soon. The Fed is coordinating with the Bank of Canada on swap lines.
What review is planned for July 2026?
A comprehensive Fed review is scheduled for July 2026. It will address trade risks and monetary policy coordination.
Warsh sworn in May 18 as hawkish Fed Chair; CPI >4%. New Fed-Bank of Canada swap-line coordination and July 2026 review amid no rate cuts and trade risks. Trump crypto EO adds Fed review of payment rails and master accounts.
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Updated May 20, 2026