In his first press conference, Warsh reaffirmed the Fed's commitment to price stability. But what that means in practice is anyone's guess.
If the Federal Reserve cuts rates next week as predicted, and Kevin Hassett becomes Fed Chair, where will rates be at this time next year?
The project has exceeded its initial budget. But what the Trump adminstration really wants is lower interest rates.
Mortgages, savings accounts and credit card debt are a few places. Some rates have already edged down.
Many expect that the Fed will cut interest rates to stimulate the job market — but not everyone thinks that’s a good idea.
In meetings this week, central bankers will consider cutting interest rates in the U.S. and U.K., while rate hikes could be on the table in Japan.
When the Fed meets next week, they will be more focused on what’s happening here in the United States.
