Markets are starting to price in Kevin Warsh as a Fed chair who would raise rates, reversing the recent easing trend. The shift follows 175 basis points of cuts

Markets are starting to price in Kevin Warsh as a Fed chair who would raise rates, reversing the recent easing trend. The shift follows 175 basis points of cuts over three years, after Jerome Powell lifted rates from 0.25% to 5.5% in 16 months.