Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.
https://www.cnbc.com/2026/05/15/stephen-miran-exits-the-fed-how-he-set-the-stage-for-kevin-warsh.html?__source=androidappshare
Posted by Illustrious_Lie_954
Stephen Miran exits the Fed. How he set the stage for Kevin Warsh.
https://www.cnbc.com/2026/05/15/stephen-miran-exits-the-fed-how-he-set-the-stage-for-kevin-warsh.html?__source=androidappshare
Posted by Illustrious_Lie_954
1 Comment
Miran stepping aside and Kevin Warsh stepping in feels bigger than just a leadership change.Warsh is walking into a Fed with sticky inflation, rising Treasury yields, geopolitical energy shocks, and political pressure for rate cuts all at once.
My take? The real battle may not be Warsh vs inflation it could be Warsh vs the bond market.If markets don’t trust aggressive cuts, yields could rise even if the Fed eases making policy much harder than headlines suggest.