Kevin Warsh becomes 17th Fed chair amid rising inflation and an uncertain economy - WBUR

Inflation forecast surges to 6% for Q2, boosting odds of Fed rate hike.

Traders now see next Fed interest rate move as a hike following inflation surge.

Supposed monetary hawk Kevin Warsh, who was officially sworn in as the 17th Fed Chair earlier this week, will now face the dilemma of staying true to his hawkish roots or caving to his unabashed high-rate hating President. That is, of course, unless there’s a deeper plan at play…