Incoming Fed Chair Kevin Warsh Expected to Move Slowly on Rates Despite Political Pressure

RealClearPolitics—Economists and analysts expect incoming Federal Reserve Chair Kevin Warsh to adopt a cautious approach on interest rate changes, resisting pressure to move quickly. Former Fed governor Alan Blinder wrote in the Wall Street Journal that Warsh is likely to prioritize deliberation over speed despite an environment of political pressure on the central bank.

• RealClearPolitics — Blinder: Warsh will be cautious and deliberate on rates despite significant political pressure on the Fed.
• Memeorandum — First FOMC rate decision under Warsh comes Wednesday; analysis expects cautious initial moves despite his desire to shift Fed policy.