✂️ RATE CUTS LIKELY AFTER WARSH TAKES THE CHAIR The Fed is likely to hold rates steady for the next two FOMC meetings until June. Markets increasingly expect easing once Kevin Warsh formally becomes Chair in May. The FedWatch Tool now assigns a 46% chance of a 25bps cut at the June meeting, the first gathering under Warsh. Warsh, Trump’s pick, has criticized high rates, but is still seen as credible and market-friendly.(Coin Bureau)