Kevin Warsh confirmed to Federal Reserve Board, eyes Fed Chair role

The post Inflation Surge to 3.8% Complicate Warsh’s Expected Fed Takeover appeared on BitcoinEthereumNews.com. Rising CPI at 3.8% limits Fed easing options as inflation expectations rise. Kevin Warsh faces pressure between Trump’s rate-cut push and markets demanding tight policy. Bitcoin gains traction as Fed uncertainty boosts demand for decentralized assets. Kevin Warsh appears set to become the next leader of the U.S. Federal Reserve during one of the most difficult inflation periods in years. Fresh consumer inflation data now threatens to trap the incoming chair between political pressure from President Donald Trump and financial markets demanding tighter policy. The latest Consumer Price Index report showed inflation accelerating sharply. Headline CPI climbed to 3.8%, marking its highest reading in three years. Meanwhile, Core CPI rose to 2.8%, its highest level in eight months. Consequently, investors immediately reduced expectations for interest rate cuts during 2026. Markets no

Powell's exit and Warsh's expected succession may signal shifts in U.S. monetary policy, impacting economic strategies and market stability. The post Jerome Powell to step down as Fed Chair, Kevin Warsh expected successor appeared first on Crypto Briefing.

The US Senate voted largely along partisan lines to confirm Kevin Warsh as a member of the Fed's Board of Governors, despite many Democrats’ concerns about the central bank’s independence.

Kevin Warsh won Senate confirmation to the Fed board, clearing a key step toward replacing Jerome Powell as Fed chair. The post Kevin Warsh wins Senate approval, moves closer to Fed chair role as Powell prepares Friday exit appeared first on Crypto Briefing.

Warsh's likely succession as Fed Chair signals potential policy shifts, impacting market dynamics and Fed-Treasury coordination strategies. The post Senate confirms Warsh as Fed Governor, poised to succeed Powell as chair appeared first on Crypto Briefing.

The post Fed: AI-driven growth complicates rate path – NBC appeared on BitcoinEthereumNews.com. National Bank of Canada’s (NBC) Senior Economist Jocelyn Paquet, argues that surging AI-related investment is keeping U.S. GDP growth above potential, with forecasts of 2.4% in 2026 and 2.0% in 2027. However, Paquet warns this strength, combined with a dovish Federal Reserve (Fed) stance, risks delaying a return of inflation to the 2% target and is reshaping expectations for USD rates. AI boom sustains growth and inflation “Is this a problem? In the short term, the answer to this question is probably no. With hyperscalers projecting up to $800 billion in AI-related spending by 2026, growth in the sectors mentioned above is more likely to accelerate in the future rather than slow down, and economic data tends to confirm this hypothesis.” “These developments lead us to believe that the worst may be over for households and that consumption growth could accelerate as the year progresses. If our

Warsh's pro-Bitcoin stance may reshape monetary policy, impacting inflation control and crypto markets, with potential long-term crypto benefits. The post US Senate set to finalize nomination of pro-Bitcoin Kevin Warsh as next Fed Chair appeared first on Crypto Briefing.

The post US April CPI Report Sparks Fresh Fears of Fed Rate Hikes in 2026 appeared on BitcoinEthereumNews.com. Markets now price in growing odds of Fed rate hikes as April CPI data approaches. Rising oil and gasoline prices continue adding pressure to U.S. inflation expectations. Softer wage and shelter inflation may help limit further Fed tightening concerns. The upcoming release of the U.S. April Consumer Price Index (CPI) report has raised attention on the Federal Reserve’s next policy move, as financial markets continue to price in a prolonged period of high interest rates. Current expectations from major investment banks indicate that the Fed is unlikely to begin cutting rates before 2027, while market participants have also started assigning higher probabilities to possible rate hikes later this year. The inflation report is expected to provide further clarity on whether price pressures tied to energy costs and core inflation trends could change the central bank’s policy directio