President Trump nominates Mr. Kevin Warsh for the next Chair of the Federal Reserve (Fed), which has triggered strong reactions in the market. With a hawkish stance on inflation control, Mr. Warsh has led investors to expect the USD to strengthen and real yields to rise.
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President Trump nominates Mr. Kevin Warsh for the next Chair of the Federal Reserve (Fed), which has triggered strong reactions in the market. With a hawkish stance on inflation control, Mr. Warsh has led investors to expect the USD to strengthen and real yields to rise.