Wash is about to be sworn in as chairman of the Federal Reserve. The market's hawkish signals continue to intensify. Director Waller says the probability of a rate hike or cut is now "fifty-fifty".

date
23/05/2026
According to the Smart Financial News app, on Friday, US President Trump will preside over the swearing-in ceremony of Kevin Warsh as the new Federal Reserve Chairman. The 56-year-old Warsh will become the 11th chairman in modern Federal Reserve history, replacing Powell, who has been in charge of the Federal Reserve for 8 years.