New chairman Kevin Warsh’s first big act should be to hike rates. By keeping therm near zero, he is in adding fuel to both consumer and asset price inflation.

New Fed chair Kevin Warsh chairs his first FOMC meeting amid three-year-high inflation and continued pressure from Trump to cut rates.Rates are expected to hold steady, but...

WASHINGTON: US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week caught between a rock and a hard…