Regime change: Inside Kevin Warsh’s first move to make the Fed unreadable on purpose
The rate did not move. That was the least interesting thing about Kevin Warsh’s first meeting in charge of the Federal Reserve (Fed).

The rate did not move. That was the least interesting thing about Kevin Warsh’s first meeting in charge of the Federal Reserve (Fed).
Gold is recouping losses above $4,300 in Thursday’s Asian session as the dust settles in the aftermath of the US Federal Reserve (Fed) monetary policy decision and the signing of the US-Iran peace deal.
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Gold traders are currently obsessed with inflation, interest rates, and the US Dollar. But what if the biggest risk to Gold isn’t any of those right now?
Gold is holding its five-day winning streak near $4,350 in Asian trading on Wednesday, but remains within this week’s familiar range. Traders look forward to the all-important US Federal Reserve (Fed) monetary policy decision for a clear directional impetus.
The Aussie Dollar is still looking for a fresh catalyst to resume its upward trend, which began in late March and appears to have lost momentum ahead of the 0.7300 hurdle in early May.