2026-05-04 03:30:29
Despite Warsh Replacing Powell at the Fed, Traders See No Rate Cut Coming in June
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Kevin Warsh cleared a Senate Banking Committee vote on April 29 and is expected to chair his first Federal Open Market Committee (FOMC) meeting June 16-17, 2026, as futures and prediction markets put the odds of a rate hold above 93%. Key Takeaways: Kevin Warsh cleared a 13-11 Senate Banking Committee vote on April 29,