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Can Kevin Warsh Change the Federal Reserve?

Warsh took the helm of the century-old institution amid stubborn inflation, supply shocks, and tariff threats. Now, he wants to make his mark.

Sources (1)· Sep 19, 11:00 AM

federal reserve interest rate hikeEconomy
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The Fed raised interest rates for the first time in three years. Here's what it changes for UF students with loansThe Federal Reserve voted unanimously to raise its benchmark interest rate by a quarter of a percentage point Sept. 16, bringing its target range to 3.75% to 4%, the first increase since July 2023. About 91% of U.S. student loan debt is federal, which doesn't change in parallel to interest rate changes. Congress sets the rate once a year and the rate is…
The Independent Florida Alligator18h agoWhole story →
EconomyEducationfederal reserve interest rate hike

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Federal Reserve official says fighting inflation likely to be 'painful'A top Federal Reserve official said Monday that the central bank may have to cause economic pain in the form of higher unemployment to combat stubbornly high inflation. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, said in a speech in London that the Fed is facing a series of persistent supply shocks, including the Iran war and…
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