Kevin Warsh navigates a hawkish Fed shift

New Fed chair Warsh faces hawkish FOMC as rate cut hopes fade on Iran war

More Waller: Hawkish comments from the Fed Governor

Warsh Fed appointment unlikely to deliver rate cuts, analysts warn

The desk believes that Kevin Warsh's appointment as Fed chair will not lead to the anticipated rate cuts, given the current inflationary pressures and a hawkish FOMC. Per the full note [source], analysts highlight that inflation remains significantly above the Fed's target, complicating any potential easing of monetary policy. Market expectations have shifted towards pricing in a rate hike instead of a cut, reflecting a broader reassessment of the Fed's trajectory. This change in sentiment is critical for traders to consider as they navigate the evolving landscape of U.S. monetary policy.

EUR/USD Forecast: Kevin Warsh debut as Fed Chair and war drums to keep volatility high - FXStreet