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03:17

Editor's note: CGTN's First Voice provides instant commentary on breaking stories. The column clarifies emerging issues and better defines the news agenda, offering a Chinese perspective on the latest global events.

Kevin Warsh has officially stepped into one of the toughest jobs in the US. As the new Federal Reserve chair, he faces an economy squeezed by stagflation risks, pressure on jobs, rising debt and growing doubts about America's financial dominance. As the Fed's policies continue to exert a critical impact on the global economy, he is the man tasked to find the answers.

(If you want to contribute and have specific expertise, please contact us at opinions@cgtn.com. Follow @thouse_opinions on Twitter to discover the latest commentaries in the CGTN Opinion Section.)

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