July 11, 2026
Warsh made an immediate imprint in organising a unanimous consensus around a stripped-down policy statement that jettisoned any forward guidance
Bond yields come down after peaking earlier in the week
The US administration signals strong backing for the new Fed chief as policy expectations build
Markets buoyed by possible Iran-US talks, but ceasefire remains fragile
Gold and silver have seen historic single-day losses over the past week
Republican senator vows to block confirmation pending probe of current chair
Global stocks edged higher while the dollar rose and the price of gold plunged after Trump announced his pick of Warsh
