Key Points Fed Chair Warsh promised to lead a reform-oriented Fed and has made several changes since taking the reins on May 22. The Federal Open Market Committee (FOMC) kicked off only the fourth rate-hiking cycle of the 21st century on Sept. 16 to combat persistently elevated inflation. Two of President Donald Trump’s policies are directly boosting consumer prices. However, Wall Street’s No. 1 catalyst is also stoking the coals of inflation, leaving Fed Chair Warsh and the FOMC in quite a bind. 10 stocks we like better than S&P 500 Index › During Fed Chair Kevin Warsh's swearing-in ceremony at the White House on May 22, he vowed to lead a reform-oriented central bank.
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