Fed Chair Powell (Q&A) says he has not seen Kevin Warsh since January, has not spoken to him recently on policy

Powell's comments on the Chair transition suggest a standard shift rather than any significant policy upheaval, which is reassuring for markets.

Newsquawk StaffPublished On the live feed at 20 more headlines followed before this page went public
Newsquawk headlinesUTC

Fed Chair Powell (Q&A) says his decision on when to leave is not based on the Lisa Cook ruling

CNBC's Cassella says she asked Press Sec Leavitt on Monday if Trump was still considering firing Powell if he stayed on as a Fed governor, and she said "I think the President will be satisfied once Kevin Warsh is confirmed as the Fed chair"

Fed Chair Powell (Q&A) says he has not seen Kevin Warsh since January, has not spoken to him recently on policy

Fed Chair Powell (Q&A) says he does not want to guess about future policy, notes we will have a new leadership in June in all likelihood

CRUDE WRAP: WTI (M6) SETTLES USD 6.95 HIGHER AT USD 106.88/BBL; BRENT (N6) SETTLES USD 6.04 HIGHER AT 110.44/BBL

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
  • Powell expects a normal, standard Chair transition
Context

The lack of recent discussions with Warsh may imply continuity in the Fed's approach, reducing uncertainty about upcoming policy decisions. This should be supportive for USD stability and could influence fixed income dynamics as investors price in a more predictable rate path.

Related headlines

The whole workspace, free to try.

Try it free