Kevin Warsh Nominated as Next Federal Reserve Chair to Succeed Jerome Powell
β’ Kevin Warsh was nominated as the next Federal Reserve Chair, set to succeed Jerome Powell in May 2026. β’ Warsh, a critic of the Fedβs quantitative easing policies, is viewed by markets as a steady hand amid economic uncertainties. β’ The nomination comes as PCE inflation rose to 2.9% and core PCE to 3.0% year-on-year in March, aligning with consensus expectations.
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