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World awaits new Fed Chair's vision on independence

By Reuters May 19, 2026 Bearish
World awaits new Fed Chair's vision on independence
Incoming Federal Reserve Chair Kevin Warsh's suggestion that independence may not extend fully to the Fed's crisis-fighting role abroad has unsettled central banking peers, who fear any reduction in its global footprint ​could risk market stability.
Incoming Federal Reserve Chair Kevin Warsh's suggestion that independence may not extend fully to the Fed's crisis-fighting role abroad has unsettled central banking peers, who fear any reduction in its global footprint ​could risk market stability.