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Fed Chair

Powell’s chances of staying on have significantly decreased

DOW Futures Updates

President Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair has diminished the likelihood of Jerome Powell remaining at the central bank following the conclusion of his chairmanship in May, according to one strategist. Historically, chairs have resigned from the Fed following their tenure. Nonetheless, Powell has consistently declined to address inquiries regarding whether Read More

Dow Futures Dip on Fed Chair Speculation

U.S. Dow futures declined on Friday as investors considered the implications of Kevin Warsh’s potential appointment as the new chairman of the U.S. Federal Reserve. The company demonstrated strong quarterly iPhone sales and optimistic forecasts, while other indices pulled back from their record highs. The likelihood of a U.S. government shutdown appears to have been Read More

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