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Jerome Powell's final day as Fed Chair; Kevin Warsh to take helm Monday amid high-yield environment
Jerome Powell exited the Federal Reserve chairmanship on May 15 after eight years, with Kevin Warsh set to assume the role on Monday. The transition comes as Treasury yields surge to multi-year highs (30-year at 5.11%) and inflation expectations unanchor, creating immediate policy challenges for the incoming Fed Chair and raising questions about potential rate hikes under his leadership.
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Jerome Powell's final day as Fed Chair; Kevin Warsh to take helm Monday amid high-yield environment has gained +0% in mention volume over the past 24 hours. Sentiment is neutral. Coverage is led by tier-1 financial press with cross-platform amplification.
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