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World Business Report

Hike, Cut or Hold? What will the new Fed head do on interest rates

9 min22 maj 2026

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's an advocate for cutting rates. something President Trump has long demanded.

Also, why were 2 boxes of Japanese Melons worth $36,500?

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