What smart people in economics and business are saying about Kevin Warsh's nomination as Fed chair

Tech Insider : Economy, Economy, Politics
US Federal Reserve Chair Kevin Warsh listening to other people speak on a Bank of America and Semafor panel.
Kevin Warsh is the new chair of the US Federal Reserve.

Tasos Katopodis/Getty Images for Semafor

Watch the 2-minute address Jerome Powell gave after the Fed received grand jury subpoenas

Tech Insider : Politics, Business
Fed Chair Jerome Powell
Fed chief Jerome Powell.

Li Yuanqing/Xinhua via Getty Images

Putin tells Russians there's no reason to panic as the ruble sinks, but analysts say its economy is in trouble

Tech Insider : Economy, Economy, Business
A close-up of Putin looking upward.
Russian President Vladimir Putin said there was no reason to panic about the ruble's slide.

REUTERS/Yves Herman

Some Russians are spending like no tomorrow with 'considerable' overheating in the economy

Tech Insider : Economy, Economy
General view of the food court of the Paveletskaya Plaza shopping mall in Moscow, Russia.
The Paveletskaya Plaza shopping mall in Moscow, Russia.

Getty Images

Gold is getting so expensive that even China's central bank stopped buying

Tech Insider : Economy, Economy
Gold bars in China
Record gold prices are slowing appetite for the precious metal.

VCG/Getty Images

The US dollar is so strong that China's central bank, among others, just keeps loading up on gold

Tech Insider : Economy, Economy
gold buyers necklaces china
Robust Chinese gold buying has sent prices of the precious metal to record highs.

Reuters

The inflation fight has stalled and the first rate cut won't happen until December, Bank of America says

Tech Insider : Economy
Fed Chair Jerome Powell
Federal Reserve Bank Chair Jerome Powell speaks during the Stanford Business, Government and Society Forum at Stanford University on April 03, 2024 in Stanford, California.

Justin Sullivan/Getty Images

Why the productivity gains from AI won't be able to prevent a recession

Tech Insider : Economy
Stock market crash recession graph

Yuichiro Chino/Getty Images

The Fed engineered a miracle. Now comes the hard part.

Tech Insider : Economy, Economy
Jerome Powell, Federal Reserve Chairman
Jerome Powell has so far been able to lower inflation without crushing economic growth.

Chip Somodevilla / Staff

The Fed has a very strong case to keep rates higher for longer

Tech Insider : Economy, Economy
Jerome Powell
The case for keeping interest rates higher for longer is strong.

Amber Baesler/AP Photo

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