There's 'no chance' Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says

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There's 'no chance' Warsh will be able to get the Fed to cut rates, Paul Tudor Jones says

Incoming Federal Reserve Chair Kevin Warsh won't be looking to cut interest rates and in fact may want to consider raising them, investor Paul Tudor Jones said Thursday. …

Incoming Federal Reserve Chair Kevin Warsh won't be looking to cut interest rates and in fact may want to consider raising them, investor Paul Tudor Jones said Thursday. "Do I think he'll cut rates? No chance," Jones said during a wide-ranging CNBC " Squawk Box " interview. Warsh has made no secret of his belief that the central bank should be thinking about lowering interest rates. The Fed's benchmark overnight rate is currently in a range between 3.5%-3.75%, where it has sat since December. …

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