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Wosh will be sworn in as Federal Reserve Chair at 11 p.m. tonight
BlockBeats News, May 22 — The White House announced that the swearing-in ceremony of the new Federal Reserve Chair, Waller, will be held at 11 a.m. on May 22 (Beijing time 11 p.m.), hosted by Trump.
According to CME "Federal Reserve Watch" data, the market believes that the outlook for rate cuts after Waller takes office remains bleak, with a 96.8% probability of holding rates steady in June, a 3.2% chance of a 25 basis point rate hike, and no chance of a rate cut.