Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve

Kevin Warsh, a former Federal Reserve governor mentioned as a potential candidate for its chairmanship, sees his Wall Street credibility shaken. Stock and bond investors question his resolve to fight inflation. Warsh insists the Federal Reserve will do whatever it takes to bring U.S. inflation back to its 2% target, but markets are not buying it for now.

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