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The Kevin Warsh Era kicks off US Federal Reserve Overhaul
The Kevin Warsh era at the US Federal Reserve begins with announcing five taskforces to overhaul Federal Reserve Operations as FOMC members strike a hawkish tone and hold rates at a 3.5%–3.75% target range. The shorter FED Policy statement also removes language pointing to future cuts. The Fed left interest rates unchanged for a fourth consecutive meeting, with inflation still stubbornly high and markets weighing the shift in leadership.
The June 2026 G7 Summit opened amid moderate expectations as attention turned anxiously to Friday’s expected signing of a US-Iran ceasefire MOU. G7 leaders…
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