Lates News

"Fed whisperer" Nick Timiraos: In July 2025, when asked whether his call for the Fed to cut rates was influenced by the president who might appoint him to head the central bank, Kevin Warsh said: "There is a time for a bird to molt its feathers, and one must go along with the times. This has nothing to do with the current president." Now, given Warsh's statements on the economic situation and the series of events that have occurred in the interim, investors expect the Fed to raise rates this week. The case for a rate hike reflects how much the economic outlook has shifted since Warsh took the helm of the central bank in May.