Incoming Fed chairman Kevin Warsh will inherit an increasingly hawkish crew of central bankers. Read more at straitstimes.com. Read more at straitstimes.com.

A majority of officials anticipated that interest rate increases would be necessary if the Iran war continued to aggravate inflation.

Federal Reserve minutes show growing concern that inflation driven by the Iran war could persist above the 2% target, prompting discussions around possible future rate hikes.…

Inflation pressures have been aggravated by the U.S.-Israel-led war against Iran.

The fallout from the Iran war is stoking quicker price increases just as Kevin Warsh is about become Fed chair.

Incoming Fed chairman Kevin Warsh will inherit an increasingly hawkish crew of central bankers. Read more at straitstimes.com. Read more at straitstimes.com.

Fed minutes reveal rate hike discussions as inflation stays above 2%, the dollar hits a six-week high near 99.37, and Iran talks uncertainty rattles markets.

President Donald Trump says he wants new Federal Reserve chair to be 'totally independent'

WASHINGTON: Kevin Warsh was sworn in as chair of the US Federal Reserve on Friday at a pivotal moment for an American economy where surging gasoline prices due to the Iran war are…

U.S. President Donald Trump inaugurated Kevin Warsh as Federal Reserve chair on May 22 amid rising inflation linked to the Iran war.