macro

Kevin Warsh’s affection for concision makes it much easier to report the central bank’s views in full.

Markets wobbled after mixed comments from President Trump on the Iran peace deal and Fed Chair Kevin Warsh signaling a new direction from the Federal Reserve.

US stock futures rose as President Trump signed an interim deal to end the Iran war and reopen the Strait of Hormuz, easing energy concerns. This comes as the Federal Reserve signaled potential rate hikes to combat inflation, causing bond yields to climb and the yen to weaken.

Gold rose, supported by the signing of an interim peace deal between the US and Iran, even as the Federal Reserve signaled a rate hike later in the year.

Strategists say markets are on watch for yen intervention after the Federal Reserve took a hawkish stance at Kevin Warsh’s debut meeting as governor, triggering a drop in the currency to levels that have previously prompted Japan’s finance ministry to step in.

Gold turns lower after-hours as Federal Reserve holds rates steady

"That was hawkish Kevin talking," according to the "Fed whisperer," Jon Hilsenrath.

The new Federal Reserve chair rolls out five task forces that will focus on the central bank’s communications, inflation frameworks and more

The U.S. government’s official 2% annual inflation target has suddenly been thrown into doubt by Kevin Warsh and J.D. Vance.

Gold falls 1% after Fed holds rates steady, signals rate hike this year Reuters