#WCTCTradingKingPK

Here is a brief summary of the main news from the Federal Reserve
Key points:

1. Powell is not leaving
Jerome Powell remains on the Federal Reserve Board of Governors even after passing the chairmanship to Kevin Warsh next month. This breaks a 75-year tradition where departing chairs fully left the system.
2. The Fed is not cutting rates
Three FOMC members (Hamak, Kashkari, Logan) publicly opposed any hints of imminent easing. Reasons: rising energy prices, core inflation around 3%, ongoing effects of tariffs.
3. Warsh — in a "fork"
New Chair Kevin Warsh finds himself between two fires: the White House wants rate cuts, while the Fed committee shows a more hawkish stance than expected.

Brief conclusion:
Powell remains an influential voice, rate cuts are unlikely in the near future, and Warsh will have to balance political pressure with the actual inflation picture.