EPISODE · Apr 24, 2026 · 1 MIN
Warsh's Fed: Higher Yields, Cooler Stocks?
from The Daily News Now! Business
Jerome Powells tenure as Federal Reserve chair ends in May 2026, making way for Trumps nominee, Kevin Warsh. This transition could significantly impact the Dow Jones, S&P 500, and Nasdaq, especially given the current market highs. Warsh, a former Fed governor, aims to reduce the central banks balance sheet, potentially increasing bond yields and borrowing costs, which could dampen the ongoing market rally. Support the show:Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/80fabb1acd76d147
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Warsh's Fed: Higher Yields, Cooler Stocks?
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