https://www.taxtmi.com/news?id=69241 The nomination of Kevin Warsh as Federal Reserve chair produced immediate market volatility: equity futures and major indices fell, the dollar initially weakened then stabilised, and precious metals plunged as investors reassessed safe-haven demand and interest-rate expectations. Warsh is portrayed as a hawk supporting higher rates, contrasting with the President's preference for lower rates. The appointment requires Senate confirmation and would replace the current chair at term expiry, making the nomination both a policy signal on likely monetary direction and a procedurally contingent political event affecting market expectations. en-us Fri, 30 Jan 2026 20:46:04 +0530 Fri, 30 Jan 2026 20:46:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=69241 The nomination of Kevin Warsh as Federal Reserve chair produced immediate market volatility: equity futures and major indices fell, the dollar initially weakened then stabilised, and precious metals plunged as investors reassessed safe-haven demand and interest-rate expectations. Warsh is portrayed as a hawk supporting higher rates, contrasting with the President's preference for lower rates. The appointment requires Senate confirmation and would replace the current chair at term expiry, making the nomination both a policy signal on likely monetary direction and a procedurally contingent political event affecting market expectations. News - Fri, 30 Jan 2026 20:46:04 +0530 https://www.taxtmi.com/news?id=69241