U.S. Fed Reserve announcements
Fed rate pause sparks treasury selloff, sends yields soaring
The Fed’s decision to hold interest rates triggered a sharp selloff of US treasuries amid concerns that policymakers are falling behind on inflation.
Kevin Warsh confirmed as Fed Chair while Powell stays on as governor
His 54-45 confirmation was the narrowest margin for a Fed chair since 1977. The vote fell almost entirely along party lines.
Fed holds rates steady while in “wait-and-see” mode
The Fed has maintained the current range, citing "very high levels of uncertainty", citing Middle East tensions and the lingering effects of tariffs.
Trump nominates Kevin Warsh as next Fed chair
President Donald Trump officially nominated Kevin Warsh on 30 January 2026, to succeed Jerome Powell as the next Chair of the Federal Reserve.