--- title: "Kevin Warsh takes Fed helm as markets eye possible hike" type: "News" locale: "en" url: "https://longbridge.com/en/news/286597976.md" description: "Kevin Warsh has taken over as Fed chair from Jerome Powell amid rising inflation. Market expectations have shifted towards a likely rate hike by December due to unexpected inflation data. Major banks have differing views on 2026 policy, with forecasts ranging from two cuts to no changes or a hike, highlighting ongoing policy uncertainty." datetime: "2026-05-15T17:33:18.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286597976.md) - [en](https://longbridge.com/en/news/286597976.md) - [zh-HK](https://longbridge.com/zh-HK/news/286597976.md) --- # Kevin Warsh takes Fed helm as markets eye possible hike Leadership transition: Kevin Warsh succeeds Jerome Powell as Fed chair after a narrow Senate confirmation, taking office during heightened inflation pressures. Market shift: Rate-cut expectations have flipped to a majority probability of a hike by December, driven by hotter-than-expected inflation data. Forecast divide: Major banks disagree on 2026 policy, with projections ranging from two cuts to no change or a hike, underscoring policy uncertainty. ### Related Stocks - [.IXIC.US](https://longbridge.com/en/quote/.IXIC.US.md) - [.SPX.US](https://longbridge.com/en/quote/.SPX.US.md) - [.NDX.US](https://longbridge.com/en/quote/.NDX.US.md) - [.DJI.US](https://longbridge.com/en/quote/.DJI.US.md) ## Related News & Research - [Fed Delay Fuels Yield Surge as Inflation Risks Persist](https://longbridge.com/en/news/287177279.md) - [TREASURIES-Yield on 30-year bond climbs to highest since 2007](https://longbridge.com/en/news/286944589.md) - [Fed's Goolsbee; Inflation has got to be front of mind when Warsh starts as chair](https://longbridge.com/en/news/286812315.md) - [Jerome Powell raises red flag on America’s shocking $39T debt load: 'It will not end well.' How to move your riches from the 'unsustainable' path](https://longbridge.com/en/news/286651326.md) - [Majority of FOMC members see a hike as likely if inflation stays persistently over 2%](https://longbridge.com/en/news/287105069.md)