Fed Names Powell Chair Pro Tempore as Warsh Confirmation Looms; Dollar, Yields React
Fed appoints Powell as temporary chairman, calming policy jitters and nudging the dollar and bond yields higher ahead of Warsh's leadership.
Fed appoints Powell as temporary chairman, calming policy jitters and nudging the dollar and bond yields higher ahead of Warsh's leadership.
Fed Vice Chair Michael Barr’s statement that reducing the balance sheet is the ’wrong objective’ signals a policy pivot that may halt…
Oil price surge and Warsh-led Fed hawkishness wipe out rate-cut bets, lifting the dollar and crushing bonds and equities.
Bloomberg Opinion analysis details Democrats' challenging path to retake the Senate in 2026, suggesting political gridlock may persist and dampen market expectations…
Fed’s Goolsbee keeps all rate options open, leaving stocks lower and Treasuries steady as traders brace for a data-dependent policy path.
Short-term inflation expectations edged up in the latest NY Fed survey, reinforcing the likelihood the Fed will maintain higher interest rates and…
Fed’s Goolsbee warns on inflation and consumer spending, signaling a delay in rate cuts that pressures stocks and lifts the dollar.