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Economist: Wosh’s stance may be slightly more dovish than Powell’s

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ME News, April 28 (UTC+8): As obstacles to Kevin Warsh being confirmed as the next chair of the U.S. Federal Reserve appear to be easing, the market is re-examining what this shift could mean. AMP chief economist Shane Oliver said Warsh is committed to maintaining the Fed’s independence, and he may place more emphasis on the AI transition rather than on jobs. Oliver said he may also prioritize trimmed-mean inflation over core PCE, though this could be seen as selecting preferences. Oliver added that his stance might be slightly more dovish than Powell’s, but there would not be any fundamental differences. (Source: Jinshi)
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