Warsh sworn in as Chairman of the Federal Reserve
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According to ME News, on May 25th (UTC+8), Warsh was sworn in as the first Federal Reserve Chairman since Alan Greenspan in 1987, and also the first time he has publicly appeared alongside President Trump since Trump nominated him in January. Warsh's appointment comes at a time of heightened risk. Inflation is rising, long-term Treasury yields are climbing, and a growing number of investors believe the Fed's next move may not be a rate cut as Trump desires, but rather a rate hike. (Source: ME)
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