Fed Chair Warsh Holds Rates, Signals Structural Overhaul via Task Forces

New Federal Reserve Chairman Kevin Warsh left interest rates unchanged at his first meeting while announcing internal task forces designed to restructure how the central bank operates. No rate numbers were specified, but the focus is on institutional reform rather than immediate policy shifts. USD pairs including EUR/USD and USD/JPY are in focus as markets assess Warsh's policy leanings. Traders should watch for signals on Fed independence and future rate trajectory, as structural changes at the Fed can shift USD sentiment over the medium term.