Kevin Warsh takes the helm at the Federal Reserve. Despite presidential hopes for lower rates, traders anticipate no rate cuts occurring in 2026, signaling market confidence in the Fed's path.

Kevin Warsh has officially been sworn in as the new Federal Reserve chair. This transition occurs amid a unique economic outlook, as market traders are currently forecasting no interest rate cuts through 2026. While President Trump has expressed a desire for lower interest rates to stimulate the economy, the market sentiment suggests a different expectation, indicating confidence in the Federal Reserve’s current or future monetary policy direction.