The Changing Of The Guard At The Fed... Episode 296

The Changing Of The Guard At The Fed... ...may bring some notable changes to policy and lower interest rates Jerome Powell's term as Fed Chair ends on May 15th Kevin Warsh will be taking over the leadership role Interestingly enough, Powell has chosen to stay on as part of the committee historically speaking, the exiting Fed Chair hasn't remained after their term expires Warsh has stated that he will maintain Fed Independence from the Executive Branch but also mentions that he is opened minded with regards to aligning policy he is targeting a reduced Fed balance sheet as a way to reduce rates its widely anticipated that rate reductions will be on the way very soon tune into todays show for my take on what is about to happen

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