Fed Chair nominee Warsh says his disagreements with current Chair Powell are about policy; trajectory on inflation is improving but there is more work to do

Warsh's remarks indicate notable policy disagreements with Chair Powell, emphasizing an improving trajectory on inflation, yet acknowledging the need for further action. This stance could impact market sentiment regarding future Fed policy and interest rates, as it hints at differing views on how aggressive the Fed should be. Given the mention of digital currency, it also signals Warsh's skepticism towards innovative monetary policy approaches, which could resonate across fixed income and FX markets.