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Economist: Waller’s stance may be slightly more accommodative than Powell’s

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ME News, April 28 (UTC+8): As obstacles to Kevin Warsh being confirmed as the next Fed chair appear to be easing, the market is re-evaluating what this change could mean. AMP Chief Economist Shane Oliver said Warsh is committed to preserving the Fed’s independence, and he may place more emphasis on the AI transition rather than jobs. Oliver added that he may also prioritize trimmed-mean inflation over core PCE, though this could be viewed as cherry-picking. Oliver further said his stance could be slightly more dovish than Powell’s, but there would be no fundamental difference. (Source: Jint10)
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