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Hike, cut or hold? What will the new Fed head do on interest rates
The new chair of the world's most powerful central bank is being sworn in at the White House today.
The new chair of the world's most powerful central bank is being sworn in at the White House today.
Kevin Warsh becomes the 17th Chair of the Federal Reserve at a very tense moment for the US and global economies. He is an advocate for cutting rates, something President Trump has long demanded.
Also, why were two boxes of Japanese Melons worth $36,500?
Last on
Fri 22 May 2026
14:50GMT
BBC World Service
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- Fri 22 May 2026 14:50GMTBBC World Service