🚨 HISTORIC DAY: Kevin Warsh Takes Fed Chair Vault as Rate Cut Hopes Drop to Record Lows! 📉
The macro landscape just took a massive turn. Kevin Warsh is officially being sworn in to succeed Jerome Powell as the next US Federal Reserve Chair this Friday.
With oil hovering above $100 and back-to-back hot inflation prints, the prediction markets have completely flipped. CME FedWatch now shows a massive 98.8% probability that interest rates will remain unchanged (3.50% - 3.75%) through June. Rate cut expectations for 2026 have collapsed from 96% down to just 38.2%.