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Will Powell Have Influence When Kevin Warsh Assumes The Role As Fed Chairman?
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Will Powell Have Influence When Kevin Warsh Assumes The Role As Fed Chairman?

Seeking Alpha·Lawrence Fuller·30 days ago
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Home Market Outlook Today's Market Summary The Federal Reserve left rates unchanged at 3.5%-3.75%, maintaining an easing bias, but growing dissent signals internal division over future policy direction. Kevin Warsh will become Fed Chairman, advocating for ending quantitative easing, less forward guidance, and a more flexible, less transparent policy approach. Warsh favors rate cuts and a broader inflation target using Trimmed Mean PCE, citing AI-driven productivity as a disinflationary force. Jerome Powell’s continued presence as governor will likely limit abrupt policy shifts and sustain consensus-driven decisions, reducing the probability of near-term rate cuts. This idea was discussed in more depth with members of my private investing community, The Portfolio Architect. Learn More » Getty Images Last week, it came as no surprise that the Federal Reserve left rates unchanged at what was Jerome Powell’s final meeting as the Fed Chairman.…

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