In this insights piece, the Payden Economics Team argues that Kevin Warsh’s nomination as Fed Chair won’t spark the policy upheaval some fear. Despite his patchy track record, they say the Fed’s committee-driven structure and current economic backdrop – not one man’s views – will keep monetary policy on a steady path.

Read | Warsh Cycle

Payden and Rygel

Payden & Rygel is one of the largest privately-owned global investment advisers. Founded in 1983, they manage fixed income and equity portfolios through domestic and international solutions.

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