Latest Updates Around The World
TLDR: Warsh’s Fed Treasury Accord could cut rates to 2.75-3.0% while reforming balance sheet policy Lower real returns tend to drive capital towards equities, gold and crypto, while bond yields fall significantly Reduced Fed support for long-term bonds combined with large Treasury issuance could lead to interest rate volatility International examples show that interest rates […]
Europe’s main stock index ended higher on Friday, marking its longest monthly gain streak since 2021, as investors digested corporate earnings and news that US President Donald Trump had nominated an ex-Federal Reserve policymaker for the central bank’s top job. The index ended 0.6% higher at 611 points and would end January with a gain […]
US stock index futures narrowed some losses on Friday after US President Donald Trump nominated Kevin Warsh as the next chairman of the Federal Reserve.“I nominate Kevin Warsh to be chairman of the Board of Governors of the Federal Reserve System,” Trump said, announcing his latest move to put his stamp on a Fed he […]
Topline President Donald Trump is set to announce former Fed official Kevin Warsh as his pick to replace Jerome Powell as central bank chairman, according to multiple reports, while Trump himself announced he will announce his choice on Friday morning. Kevin Warsh, former Governor of the US Federal Reserve, during the spring meetings of the […]
The dollar gained on Friday after US President Donald Trump praised economic adviser Kevin Hassett at a White House event and said he may want to keep him in his current role, fueling speculation that he is less likely to be named chairman of the Federal Reserve. “I see Kevin sitting in the audience and […]
