Kevin Warsh starts new Fed era with Trump backing

Federal Reserve Chairman Kevin Warsh is preparing to hold his first press conference, with clear support from U.S. President Donald Trump, giving him greater latitude to make decisive decisions. Warsh is seeking to implement structural changes, including gradual interest rate reductions, a decrease in the balance sheet, and adjustments to the inflation assessment mechanism, amid stable economic growth and a high-inflation environment. It is expected that the bank will announce interest rate stability this week, while internal discussions continue regarding adjustments to monetary policies to address inflationary pressures.

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