Fed leaves rates unchanged at Jerome Powell's final meeting as chairman
The U.S. Federal Reserve's next meeting in June is likely to be led by Kevin Warsh after he cleared a Senate Banking Committee vote on Wednesday.
The decision to keep rates unchanged may lead to a temporary stabilization in the markets, but uncertainty around leadership transition could introduce volatility. Prices for FED-related assets may experience slight downward pressure in the short term as investors reassess future monetary policy.
The U.S. Federal Reserve's next meeting in June is likely to be led by Kevin Warsh after he cleared a Senate Banking Committee vote on Wednesday.
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