Stocks, Bonds Drop as Trump Taps Warsh for Fed: Markets Wrap - Bloomberg.com
business 2026/01/30 21:15:37

Stocks, Bonds Drop as Trump Taps Warsh for Fed: Markets Wrap - Bloomberg.com

Source:Bloomberg
Author:Rita Nazareth

The biggest dollar rally since May accelerated a plunge in precious metals as President Donald Trump announced his pick for the Federal Reserve’s top job: Kevin Warsh, who’s seen as less supportive of deep rate cuts and more worried about inflation. Stocks fe…