Rolling coverage of the latest economic and financial news
The US dollar has strengthened following reports that Kevin Warsh will be nominated as the next Fed chair, while precious metals prices have fallen.
The dollar index has risen by 0.35% this morning, with gains against the British pound and the euro.
“If the nominee is indeed Warsh, we could actually end up with a Fed that tilts hawkish at the margin.”
Continue reading…Rolling coverage of the latest economic and financial newsThe US dollar has strengthened following reports that Kevin Warsh will be nominated as the next Fed chair, while precious metals prices have fallen.The dollar index has risen by 0.35% this morning, with gains against the British pound and the euro.“If the nominee is indeed Warsh, we could actually end up with a Fed that tilts hawkish at the margin.” Continue reading…
