The Federal Reserve isn’t going to reduce borrowing costs anytime soon because of resurgent inflation, but a rate hike is also off the table for now as the regime of new Chair Kevin Warsh gets underway.

Kevin Warsh was sworn-in Friday as the new chair of the Federal Reserve, the world’s most influential central bank

Kevin Warsh, U.S. President Donald Trump's pick for Chair of the Federal Reserve, departs following his Senate Committee on Banking, Housing, and Urban Affairs confirmation hearin

Kevin Warsh is becoming Federal Reserve chair at a pivotal moment for the U.S. economy — forcing him to be something other than the disruptor he hoped to be. Two limitations matter most. The first is the big-picture backdrop: U.

Kevin Warsh was sworn in as Chairman of the US Federal Reserve Board of Governors on Friday during a ceremony at the White House, with US President Donald Trump describing him as one of the most qualified individuals to lead the country’s central bank.

Kevin Warsh's New Role Kevin Warsh has officially taken over as the head of the United States Federal Reserve during a critical period marked by discussions on inflation, economic growth, and interest rate strategies.

The Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have historically thrived under Donald Trump -- but his presidency hasn't been without bouts of historic volatility. New Fed Chair Kevin Warsh aims to reshape the central bank by trimming down its balance sheet and redefining how we think about inflation.

Warsh could guide to a smaller role in day-to-day markets, while also setting clearer rules for how and when it should intervene.