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commerce
shāng yè
商业
·HSK 3

Warsh (surname)
Wòshí
沃什
to take office / to assume post
jiùrèn
就任
the US Federal Reserve
Měi lián chǔ
美联储
chair / chairman
zhǔxí
主席
,
to take over
jiēshǒu
接手
inflation
tōngzhàng
通胀
difficult problem / challenge
nántí
难题
。

Kevin (given name)
Kǎiwén
凯文
·
Warsh (surname)
Wòshí
沃什
on (date marker)
yú
于
May 22
wǔ yuè èrshíèr rì
5月22日
officially
zhèngshì
正式
to be sworn into office
xuānshì jiùzhí
宣誓就职
,
to become
chéngwéi
成为
the United States
Měiguó
美国
the 17th
dì shíqī rèn
第17任
US Federal Reserve
Měi lián chǔ
美联储
chair
zhǔxí
主席
。
he / him
tā
他
to succeed / to replace
jiētì
接替
Powell (Jerome Powell, former Fed chair)
Bàowēiěr
鲍威尔
,
to face / to confront
miànlín
面临
inflation
tōngzhàng
通胀
to persist / ongoing
chíxù
持续
to remain elevated
gāoqǐ
高企
structural particle
de
的
challenge
tiǎozhàn
挑战
。

May 31, 2026 at 7:00 AM

Kevin (given name)
Kǎiwén
凯文
·
Warsh (surname)
Wòshí
沃什
on (date marker)
yú
于
May 22
wǔ yuè èrshíèr rì
5月22日
officially
zhèngshì
正式
to be sworn into office
xuānshì jiùzhí
宣誓就职
,
to become
chéngwéi
成为
the United States
Měiguó
美国
the 17th
dì shíqī rèn
第17任
US Federal Reserve
Měi lián chǔ
美联储
chair
zhǔxí
主席
。
he / him
tā
他
to succeed / to replace
jiētì
接替
Powell (Jerome Powell)
Bàowēiěr
鲍威尔
,
his / the
qí
其
term of office
rènqī
任期
will (future marker)
jiāng
将
to last
chíxù
持续
until
zhì
至
the year 2030
2030 nián
2030年
May
wǔ yuè
5月
。
Warsh (surname)
Wòshí
沃什
in / during
zài
在
the Senate
cānyìyuàn
参议院
with / by
yǐ
以
54 votes
54 piào
54票
against
duì
对
45 votes
45 piào
45票
structural particle
de
的
result / outcome
jiéguǒ
结果
to obtain / to receive
huòdé
获得
confirmation / confirmation vote
quèrèn
确认
。
currently / at present
mùqián
目前
US Federal Reserve
Měi lián chǔ
美联储
will / has
jiāng
将
federal funds
liánbāng jījīn
联邦基金
interest rate
lìlǜ
利率
to maintain at
wéichí zài
维持在
3.5 percent
3.5%
3.5%
to
zhì
至
3.75 percent
3.75%
3.75%
structural particle
de
的
target range
qūjiān
区间
unchanged / steady
búbiàn
不变
。
inflation
tōngzhàng
通胀
issue / problem
wèntí
问题
is
shì
是
Warsh
Wòshí
沃什
faced by / confronting
miànlín de
面临的
biggest / greatest
zuì dà
最大
challenge
tiǎozhàn
挑战
,
because
yīnwèi
因为
core
héxīn
核心
inflation rate
tōngzhànglǜ
通胀率
still / yet
réng
仍
to remain at / to be at
chǔyú
处于
3.3 percent
3.3%
3.3%
。
energy
néngyuán
能源
prices
jiàgé
价格
to rise / to increase
shàngzhǎng
上涨
to / giving
gěi
给
inflation
tōngzhàng
通胀
to bring / to cause
dàilái
带来
completion marker
le
了
additional / extra
éwài
额外
pressure
yālì
压力
。
Warsh
Wòshí
沃什
structural particle
de
的
first / first time
shǒucì
首次
to chair / to preside over
zhǔchí
主持
Federal Reserve
Měi lián chǔ
美联储
meeting
huìyì
会议
scheduled for
dìngyú
定于
June 16
liù yuè shíliù rì
6月16日
to
zhì
至
the 17th
shíqī rì
17日
to be held
jǔxíng
举行
。

News in English

Business

Kevin Warsh Takes Over as Federal Reserve Chair Amid Persistent Inflation

Kevin Warsh was sworn in as the 17th Federal Reserve chair on May 22, succeeding Jerome Powell and facing persistent inflation challenges.

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réngōng zhìnéng
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shōurù
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yǐnfā
引发
doubts / questions
yíwèn
疑问
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bàndǎotǐ
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huíluò
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Měiguó
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zhōuwǔ
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fǎntán
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zhǎng chāo
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400 points
400 diǎn
400点
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to end / to conclude
jiéshù
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volatile / turbulent
dòngdàng
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(particle)
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yī zhōu
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international
guójì
国际
oil prices
yóujià
油价
to maintain / to sustain
wéichí
维持
high level / elevated level
gāowèi
高位
,
Nasdaq (stock exchange)
Nàsīdákè
纳斯达克
index
zhǐshù
指数
Thursday
zhōusì
周四
to close lower / to finish down
shōu diē
收跌
1.3 percent
bǎifēnzhī yī diǎn sān
1.3%
。

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OPEC
Ōu pèi kè
欧佩克
to announce
xuān bù
宣布
November
shí yī yuè
十一月
oil / petroleum
shí yóu
石油
output / production
chǎn liàng
产量
to maintain / to keep
bǎo chí
保持
unchanged
bù biàn
不变
。

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