When Wosh takes the stage, the inflation narrative is about to change the script again; believe it half first.

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Federal Reserve Chair Powell: Will Promote a Reform-Oriented Central Bank Governance Framework
Kevin Wash officially sworn in as Federal Reserve Chair, stating that the United States is at a critical moment, thanking Trump for his trust, and committing to serve with full energy and a sense of mission. He emphasized learning from past experiences and promoting a reform-oriented central bank governance framework. Wash stated that inflation will further decline, the economy will maintain strong growth, and he expects the United States to experience unparalleled prosperity in the coming years, but many challenges remain.
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