All speculation is now over. U.S. President Donald Trump has delivered a major announcement with significant implications for global financial markets: Kevin Warsh has been named the next Chairman of the Federal Reserve.
🔹 In his official remarks, Trump expressed full confidence in the former Fed Governor, stating that Warsh “will not disappoint under any circumstances.”
🔸 Known for his hawkish views on inflation and monetary policy, Warsh’s appointment signals a clear shift in the Fed’s future direction. Earlier rumors surrounding his potential selection had already pushed Gold and Silver lower, as markets priced in the risk of tighter monetary conditions.
With Kevin Warsh now set to lead the world’s most influential central bank, the key question remains: Will a stronger U.S. dollar continue to weigh on risk assets in the short term?