Kevin Warsh faces risks in pursuing lower US interest rates
Updated
Updated · Bloomberg · Apr 29
Kevin Warsh faces risks in pursuing lower US interest rates
9 articles · Updated · Bloomberg · Apr 29
US President Donald Trump’s nominee for Federal Reserve Chair, Kevin Warsh, confronts persistent government bond yields that threaten his plans to cut rates.
Prior to the war on Iran, investors expected Fed rate cuts, with two-year Treasury yields below 3.40% and 10-year yields seen stabilizing under 4%, supporting lower mortgage rates.
Now, several factors are aligning to keep yields elevated, complicating efforts to reduce borrowing costs and potentially delaying relief for interest-sensitive sectors.
Can the Fed's next chair lower interest rates amid a global oil crisis?
Is America's growing debt the biggest obstacle to controlling interest rates?
With oil prices soaring, are sub-6% mortgage rates a thing of the past?
Why are bond yields defying the Fed and what does it mean for your money?
Could the Fed's planned 'regime change' clash with the need for economic stability?
Is the Fed's 2% inflation target obsolete in an era of supply shocks?