Traders Price Two Fed Cuts for 2024 After Trump Nominates Kevin Warsh as Chair
Traders kept pricing two Fed cuts for 2024 after Trump said on Jan. 30 he will nominate Kevin Warsh as Fed chair, BlockBeats reports. Mark Dowding of BlueBay said Warsh may be less dovish and that AI-led productivity could keep inflation in check, with futures still pointing to two cuts.