Fed Names Powell Chair Pro Tempore Until Warsh Sworn In

News Image
Read full story

Published: 4 hours ago

The Federal Reserve Board has appointed Jerome Powell as chair pro tempore, serving in an interim capacity until Kevin Warsh is officially sworn in as the new Federal Reserve chair. This leadership transition could create USD volatility as markets assess potential policy shifts between Powell's current approach and Warsh's expected monetary policy stance.

Nothing to see yet 😢