He was sworn in at the White House today, which almost never happens for a Fed chair. Trump clearly wants rate cuts, but inflation is already heating back up and prices are still climbing. Now Warsh is stuck trying to boost the economy without making inflation even worse, and regular people usually end up paying for it when things go sideways.
Should be much higher than 43%. Rate-cuts are practically impossible when macro conditions demand a rate hike. https://t.co/ywpSpPk6Od
— Sameer Shahzad (@brexitmiyagi) May 22, 2026