Fed Chair change puts bond markets in focus

Incoming Kevin Warsh is set to take charge of the US Federal Reserve in an uneasy environment. Division within the Federal Open Market Committee, worries over rising inflation, and a US President who is unlikely to keep his criticisms to himself makes this is a tough job to take on. Warsh himself has suggested the need for change at the Fed, leading to speculation about his future decisions. In this article, Artemis’ Liam O’Donnell discusses some of the main issues facing bond markets amid this leadership change. Will the Fed cut rates in 2026? How much will US President Trump influence Warsh?...