New Fed Chair Warsh: Ours is a time of great consequence
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Thank you Pres. Trump Intend to fill roll with energy and purpose Look to faithful to the mission These years can bring unmatched prosperity, that will raise living standards. INflation can be lower, growth strong. I will lead a reform oriented Fed Will learn from past mistakes a
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4 itemsTrump: I expect Kevin Warsh to go down as one of the very best Fed Chairman.
UBS On-Air: Paul Donovan Daily Audio 'Will it be Warsh?'
Lead — The potential nomination of former Fed Governor Warsh as Fed Chair under President Trump introduces increased uncertainty surrounding future U.S. monetary policy. Per the full note from UBS, Warsh's historical hawkish tendencies raise questions about his ability to steer the Fed toward aggressive rate cuts, especially amid political pressures and a potentially divided FOMC. Given that the bond market's sensitivity to political influence has intensified, the path forward may be constrained despite the speculation around technological disinflation promoting lower rate scenarios. Overall, the outlook will be shaped by both Warsh's confirmation process and the market's reaction to the Fed's evolving stance.