Economist Robin Brooks Predicts Fed Chair Nominee Kevin Warsh May Cut Rates 100 bps Before Midterms

Economist Robin Brooks expects Kevin Warsh, nominated by President Donald Trump for Federal Reserve chair, to implement a 100-basis-point interest rate cut before the US midterm elections, CoinDesk reported on Feb. 3. The forecast contrasts with broader market concerns that Warsh would adopt a more hawkish policy stance if confirmed to lead the central bank.