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Powell's tenure ends; Warsh takes Fed helm on May 19 amid inflation surge
Jerome Powell stepped down as Federal Reserve Chair on May 15 after eight years, with Kevin Warsh confirmed to take over on May 19. Markets are repricing inflation expectations higher amid oil shocks from the Iran conflict, with Treasuries and global bonds selling off; crypto traders view Warsh as more hawkish and crypto-adjacent than Powell, lifting Bitcoin above USD 81,000.
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Powell's tenure ends; Warsh takes Fed helm on May 19 amid inflation surge has gained +0% in mention volume over the past 24 hours. Sentiment is constructive. Coverage is led by tier-1 financial press with cross-platform amplification.
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