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04-21 22:57

Well done asshole

Nasdaq, S&P Turn Negative. Warsh Says Fed Needs New Framework for Addressing Inflation

Kevin Warsh, President Donald Trump’s nominee to lead the US central bank, said the Federal Reserve needed a new framework for dealing with persistent inflation, without offering more specifics.Early...

Nasdaq, S&P Turn Negative. Warsh Says Fed Needs New Framework for Addressing Inflation

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Warsh Says Fed Needs New Framework for Addressing Inflation","url":"https://stock-news.laohu8.com/highlight/detail?id=1149242558","media":"Tiger Newspress","summary":"Kevin Warsh, President Donald Trump’s nominee to lead the US central bank, said the Federal Reserve needed a new framework for dealing with persistent inflation, without offering more specifics.Early...","content":"<html><head></head><body><p>Kevin Warsh, President Donald Trump’s nominee to lead the US central bank, said the Federal Reserve needed a new framework for dealing with persistent inflation, without offering more specifics.</p><p style=\"text-align: start;\">Early in his testimony, Warsh blamed the Fed for allowing inflation to surge following the Covid-19 pandemic, and said high prices remain a problem for Americans.</p><p>US stocks turned negative. Nasdaq fell 0.15%; S&amp;P fell 0.23%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/234adc9d0b7c6bd617df7d866e83fce2\" title=\"\" tg-width=\"963\" tg-height=\"147\"/></p><p>“While it’s true that inflation is less problematic, meaning the rate of change in prices is less severe than it was some years ago, hard working Americans are no doubt feeling it,” Warsh said Tuesday in a hearing before the Senate Banking Committee. “I think that means a regime change in the conduct of policy. I think that means a different, new inflation framework.”</p><p style=\"text-align: start;\">Warsh didn’t say what that meant for interest rates.</p><p>Trump has placed continuous pressure on the Fed to lower interest rates since his re-election. As recently as Tuesday morning, he said he’d be disappointed if Warsh didn’t cut rates as soon as he took office. He was asked about that pressure and how he would handle it by Democratic Senator Jack Reed.</p><p style=\"text-align: start;\">“Presidents tend to be for cutting rates. I think the difference is, President Trump expresses it quite publicly,” he said, adding, “Independence is up to the Fed. Fed leadership has to make a decision about what’s the right thing to do.”</p><p style=\"text-align: start;\">Follow the reaction in real time on Bloomberg’s TOPLive blog</p><p style=\"text-align: start;\">Asked by Senator Elizabeth Warren whether Trump had lost the 2020 presidential election, Warsh demurred, saying Congress had certified Joe Biden as president after that vote.</p><p style=\"text-align: start;\">Warsh also emphasized he would sell any undisclosed assets before being sworn in as Fed chair.</p><p style=\"text-align: start;\">Warsh and his wife, Jane Lauder, reported assets worth at least $192 million in financial disclosures filed as part of his nomination. 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Warsh Says Fed Needs New Framework for Addressing Inflation\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2026-04-21 23:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Kevin Warsh, President Donald Trump’s nominee to lead the US central bank, said the Federal Reserve needed a new framework for dealing with persistent inflation, without offering more specifics.</p><p style=\"text-align: start;\">Early in his testimony, Warsh blamed the Fed for allowing inflation to surge following the Covid-19 pandemic, and said high prices remain a problem for Americans.</p><p>US stocks turned negative. Nasdaq fell 0.15%; S&amp;P fell 0.23%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/234adc9d0b7c6bd617df7d866e83fce2\" title=\"\" tg-width=\"963\" tg-height=\"147\"/></p><p>“While it’s true that inflation is less problematic, meaning the rate of change in prices is less severe than it was some years ago, hard working Americans are no doubt feeling it,” Warsh said Tuesday in a hearing before the Senate Banking Committee. “I think that means a regime change in the conduct of policy. I think that means a different, new inflation framework.”</p><p style=\"text-align: start;\">Warsh didn’t say what that meant for interest rates.</p><p>Trump has placed continuous pressure on the Fed to lower interest rates since his re-election. As recently as Tuesday morning, he said he’d be disappointed if Warsh didn’t cut rates as soon as he took office. He was asked about that pressure and how he would handle it by Democratic Senator Jack Reed.</p><p style=\"text-align: start;\">“Presidents tend to be for cutting rates. I think the difference is, President Trump expresses it quite publicly,” he said, adding, “Independence is up to the Fed. Fed leadership has to make a decision about what’s the right thing to do.”</p><p style=\"text-align: start;\">Follow the reaction in real time on Bloomberg’s TOPLive blog</p><p style=\"text-align: start;\">Asked by Senator Elizabeth Warren whether Trump had lost the 2020 presidential election, Warsh demurred, saying Congress had certified Joe Biden as president after that vote.</p><p style=\"text-align: start;\">Warsh also emphasized he would sell any undisclosed assets before being sworn in as Fed chair.</p><p style=\"text-align: start;\">Warsh and his wife, Jane Lauder, reported assets worth at least $192 million in financial disclosures filed as part of his nomination. But his total net worth is likely much larger and makes him one of the wealthiest Fed officials in the central bank’s history.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","DXD":"两倍做空道琼30指数ETF-ProShares","UDOW":"三倍做多道指30ETF-ProShares","IVV":"标普500ETF-iShares","SDS":"两倍做空标普500 ETF-ProShares",".SPX":"S&P 500 Index","YSPY":"GraniteShares YieldBOOST SPY ETF","SPXL":"三倍做多标普500ETF-Direxion","SDOW":"三倍做空道指30ETF-ProShares","SMAX":"ISHARES LARGE CAP MAX BUFFER SEP ETF","SPXS":"三倍做空标普500ETF-Direxion","SPYH":"Neos S&P 500 Hedged Equity Income ETF","DIA":"道琼斯ETF","HIBL":"Direxion Daily S&P 500 High Beta Bull 3X Shares","SPUU":"Direxion Daily S&P 500 Bull 2x Shares","SPDN":"Direxion Daily S&P 500 Bear 1X Shares","SPXU":"三倍做空标普500ETF-ProShares","UPRO":"三倍做多标普500ETF-ProShares","SPYM":"投资组合标普500指数ETF-SPDR","DMAX":"ISHARES LARGE CAP MAX BUFFER DEC ETF","SPYQ":"2倍做多SPY Quarterly ETF-Tradr","MMAX":"iShares Large Cap Max Buffer Mar ETF","SH":"做空标普500-Proshares","DOG":"道指ETF-ProShares做空","VOO":"Vanguard标普500ETF","SPY":"标普500ETF","SPYU":"MAX S&P 500 4X Leveraged ETN",".DJI":"道琼斯","DDM":"2倍做多道指ETF-ProShares","SSO":"2倍做多标普500ETF-ProShares"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149242558","content_text":"Kevin Warsh, President Donald Trump’s nominee to lead the US central bank, said the Federal Reserve needed a new framework for dealing with persistent inflation, without offering more specifics.Early in his testimony, Warsh blamed the Fed for allowing inflation to surge following the Covid-19 pandemic, and said high prices remain a problem for Americans.US stocks turned negative. Nasdaq fell 0.15%; S&P fell 0.23%.“While it’s true that inflation is less problematic, meaning the rate of change in prices is less severe than it was some years ago, hard working Americans are no doubt feeling it,” Warsh said Tuesday in a hearing before the Senate Banking Committee. “I think that means a regime change in the conduct of policy. I think that means a different, new inflation framework.”Warsh didn’t say what that meant for interest rates.Trump has placed continuous pressure on the Fed to lower interest rates since his re-election. As recently as Tuesday morning, he said he’d be disappointed if Warsh didn’t cut rates as soon as he took office. He was asked about that pressure and how he would handle it by Democratic Senator Jack Reed.“Presidents tend to be for cutting rates. I think the difference is, President Trump expresses it quite publicly,” he said, adding, “Independence is up to the Fed. 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