The vote came just days before Jerome Powell’s term as chair expires Friday.
1 min read10:16 AM ISTUS Senate on Wednesday confirmed Kevin Warsh as the new Federal Reserve chair in a 54–45 vote, replacing Jerome Powell. He will lead amid Trump’s push for rate cuts and inflation concerns. Warsh, previously a Fed governor, is expected to be the wealthiest Fed chair ever
3 min read02:53 AM ISTWarsh will officially take over from current Fed Chair Jerome Powell once final White House paperwork is completed. Powell’s term as chair ends Friday, although he will remain on the Federal Reserve Board as a governor.
3 min read01:54 AM ISTGold fell a second day after accelerating US inflation lifted the odds of the Federal Reserve raising interest rates this year.
1 min read13 May 2026Increasingly economists are contemplating a scenario where the central bank makes no change to rates.
2 min read11 May 2026The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time Japan was likely intervening to support its currency, with market participants debating whether the nation offloaded US securities to fund its yen purchases.
2 min read10 May 2026Treasuries advanced at the close of the week as mixed economic data reinforced expectations the Federal Reserve will stay on hold, shifting the market’s focus back to inflation.
3 min read9 May 2026USA-BONDS/ (UPDATE 1, GRAPHICS):TREASURIES-US yields fall after jobs report tops expectations; Iran ceasefire eyed
3 min read9 May 2026The Federal Reserve’s custody holdings of Treasuries fell for the first time in a month at a time Japan was likely intervening to support its currency, with markets debating whether the nation offloaded US securities to fund its yen purchases.
2 min read8 May 2026As Kevin Warsh moves closer to leading the US Federal Reserve, his views on inflation targeting and the central bank’s balance sheet are clear, but his stance on employment, the second part of the central bank's dual mandate, remain a mystery as we stare at AI turbulence.
3 min read3 May 2026Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.