Next Fed Chair Likely To Be Warsh; Gold, Silver Fall, Treasury Yields Jump
On Friday, President Trump hinted that Kevin Warsh may be chosen over Kevin Hassett as the next Federal Reserve chairman. Following this news, the prices of gold, silver, and bitcoin all declined. Additionally, Treasury yields experienced an uptick in response to the speculation. This development suggests a shift in market sentiment and raises further anticipation regarding the future of the Federal Reserve leadership.
