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Odds against Interest Rate Cuts High as New US Fed Chair to be Sworn in
Prediction markets platform Kalshi and the CME Group offered different data on the odds of cutting Federal Reserve interest rates under Chair Kevin Warsh, but both signaled no immediate changes.
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cnbc.com
Kevin Warsh comes into the Fed facing a big 'family fight' over cutting interest rates
With inflation spiking and Treasury yields surging, Warsh is likely to confront a Federal Open Market Committee in no mood to ease.
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oilprice.com
New Fed Chair Faces Pressure as Oil Prices Fuel Inflation | OilPrice.com
Kevin Warsh was confirmed as Fed Chair 54-45, but rising oil prices, 3.8% inflation, and hawkish colleagues threaten Trump's push for rate cuts.
