Fed Minutes to Detail Policy Split Ahead of Warsh Term
Minutes from the April Federal Reserve meeting will highlight policy divisions as Kevin Warsh prepares to lead. The new chair takes office this coming Friday.
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洞察:
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The FOMC will release minutes from its April meeting on Wednesday, revealing a four-member dissent that marks the deepest policy division since 1992. This readout concludes Jerome Powell's leadership as incoming Chair Kevin Warsh prepares to take office on Friday. Investors will gauge the growing hawkish shift as war-driven inflation pushes the 2-year Treasury yield to a 15-month high.
