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Not Great Backdrop for Fed to Ease: Roth
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Stephanie Roth, chief economist at Wolfe Research, joins Scarlet Fu on "Bloomberg Real Yield." When Kevin Warsh hosts his first meeting as the new chair of the Federal Reserve, he'll face an immediate dilemma: Stare down White House demands for immediate interest-rate cuts, or stare down fellow policymakers who remain skeptical of the need to ease.