U.S. Federal Reserve Chair Kevin Warsh made his first major international appearance at the European Central Bank’s annual forum in Sintra, Portugal, joining ECB President Christine Lagarde, Bank of England Governor Andrew Bailey and Bank of Canada Governor Tiff Macklem. The discussion focused on the shared challenge of bringing inflation under control, while also
Incoming Federal Reserve Chair Kevin Warsh has unsettled global central bankers by suggesting that the Fed’s independence may not fully extend to its international crisis-fighting duties. During his Senate confirmation hearing, Warsh proposed that outside of setting interest rates, the Fed should coordinate closely with the White House and Congress. This has sparked

