POLICY EARTHQUAKE: Warsh RESHAPES the Fed in his first meeting

‘The Big Money Show’ discusses Federal Reserve Chair Kevin Warsh’s stance on inflation after his first FOMC meeting, as nearly half of Fed officials project a rate hike this year. President Donald Trump weighs in on the decision.

00:00 Warsh Opens With a Promise to Deliver Price Stability

00:25 New Fed Chair Ends Forward Guidance and Launches Reforms

01:40 Markets React to Warsh's Independence From Trump

04:13 What Falling Inflation Expectations Mean for Rates

06:31 Warsh's New Vision: Focus on Data, Not Fed Predictions

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