Fed Rate Pulse

FOMC Statement

• 🔥 FOMC Statement Issued: The Committee is strongly committed to supporting maximum employment and returning inflation to its 2...

St. Louis Fed President Alberto Musalem said the easing bias was no longer consistent with risks at the FOMC's last meeting.

• He cited inflation...

No significant updates today.

Expectations of a US-Iran agreement are weighing on the dollar and reviving prospects for the Fed to resume rate cuts, as lower oil prices would ease inflation pressures. Markets have already shifted rate-hike odds from next April to late 2026.

Fed Leadership Transition

• 🔥 Warsh Sworn In: Kevin Warsh officially became the 17th Fed chair today in a White House ceremony, with Trump...

• Fed names Powell chair pro tempore until Warsh swearing, passing 5-1 board vote
• Warsh takes oath Friday at White House; Trump vows full Fed independence
• S&P 500 rises 0.4% as futures price 84% chance of rate hike next

• April FOMC minutes revealed a clear internal shift, with most officials favoring rate hikes if inflation stays above 2% and expecting a longer...

Fed Leadership Transition

• 🔥 Warsh Sworn In: Kevin Warsh was sworn in as the 11th Fed chair in a White House ceremony, succeeding Jerome...

Kevin Warsh's swearing-in as Fed chair highlights sharp divides on rates amid 3.8% inflation and White House pressure for cuts.

• Market reaction:...

Bond futures show zero probability of a rate cut through 2026 and a small chance of a hike by December, the first such repricing since late 2023. This...

Trump told new Fed Chair Kevin Warsh to "do your own thing" and remain "totally independent" while criticizing the prior leadership for losing its way...

Kevin Warsh was sworn in as Fed Chair by President Trump, succeeding Jerome Powell.

• Ceremony: Live event marks official transition at the central...

Fed Leadership Transition

• 🔥 Warsh Sworn In: Kevin Warsh was sworn in as Fed Chair on Friday, replacing Jerome Powell, with President Trump...

• Trump hosted the White House ceremony—first since Greenspan in 1987—and told Warsh to be "totally independent" and "do your own thing"
• Warsh was...

Fed Governor Waller labeled rate-cut talk 'crazy' and signaled readiness to drop easing-bias language, shifting market bets to a two-in-three chance...

Fed Governor Waller stated the central bank's next move is as likely to be a rate hike as a cut, underscoring ongoing inflation risks.

Warsh plans fewer communications, arguing excessive guidance boxes the Fed in and fuels volatility around data releases.

• Former Dallas Fed President...

Kevin Warsh was sworn in Friday as Federal Reserve chairman, taking over from Jerome Powell and assuming leadership of the central bank.

Geopolitical risks from Middle East tensions are lifting the dollar to six-week highs while traders price in 54% odds of a Fed rate hike by December...

Three Fed voices are reinforcing a hawkish turn, pointing to higher-for-longer or hike-ready policy.

• Barkin warns repeated supply shocks risk...