Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.

In a Sunday interview Bartiromo floated whether newly-appointed Federal Reserve chair Kevin Warsh might raise interest rates, rather than cut them.

The bond market wasted no time in telling Kevin Warsh not to cut rates. The new Fed chair took the job intending to cut borrowing costs, but the bond vigilantes are putting up immediate resistance that could ultimately force him to turn hawkish.

One word in the Fed’s lengthy policy statement has caused consternation among its officials, with some warning that it could end up costing the economy.

With the increasingly hot inflation reports and forecasts due to the energy shocks of the Iran War, some Fed policymakers and Fed watchers have been raising the odds that the Fede