Kevin Warsh will preside over his first interest rate-setting meeting as Federal Reserve chair on Wednesday, when the central bank is expected to hold rates steady. All eyes will be on Warsh as Fed watchers try to discern his views, his personal credibility, and how he will position the Fed in the current landscape. The committee is facing hotter inflation readings as the conflict in Iran has pushed inflation higher. "While Warsh is generally perceived as dovish, he will inherit a committee that has become noticeably more hawkish," said Greg Daco, chief economist at EY-Parthenon. "Warsh's first challenge will ... (full story)