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Kevin Warsh, with President Trump, at his swearing-in ceremony as Federal Reserve chairman. Photo: Yuri Gripas/Abaca/Bloomberg via Getty Images
As Kevin Warsh leads his first policy meeting as Federal Reserve chairman this week, he is not getting the luxury of starting the job in "easy" mode.
The big picture: He faces a renewed surge of inflation, a restive wing of monetary hawks on the policy committee and big questions around how he will operationalize the major changes he advocates in how the Fed works.
