Analysis: The Fed's Powell just delivered a new blow to Warsh's plans for swift rate cuts

Analysis: The Fed's Powell just delivered a new blow to Warsh's plans for swift rate cuts

Oil prices were always going to be a problem for the next Fed nominee. On Wednesday Jerome Powell outlined another worry.

Federal Reserve chair nominee Kevin Warsh wants to lower interest rates. Fed officials signaled Wednesday that it may be even harder than expected for him to make that happen, should be he confirmed … [+3051 chars]