Warsh the next Fed Chair ??

Warsh the next Fed Chair ??
Stateside, questions about the future of Federal Reserve Chair Janet Yellen led to some market moves on Friday, including a hiccup in stock prices and a rise in Treasury yields.

That followed a report that President Donald Trump met with former Fed governor and former Morgan Stanley executive Kevin Warsh, who was previously rumored to be a contender for the central bank’s top post.

“Traders will continue to be vigilant as they search the news tickers for headline clues as to who the next Fed Chair will be, and how the tax reform process is going,” said Stephen Innes, head of trading in Asia Pacific at OANDA,

CNBC

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Stephen Innes

Stephen Innes

Head of Trading APAC at OANDA
Stephen has over 25 years of experience in the financial markets and currently based in Singapore as the Head of Trading Asia Pacific with OANDA. Stephen's market views focus on the movement of G-10 and ASEAN Currencies. His views appear in Bloomberg, CNBC.Reuters, New York Times WSJ and the Economist. His media appearances include Bloomberg TV & Radio, BBC International, Sky TV, Channel News Asia, ASTRO AWANI and BFM Malaysia. Stephen has an extensive trading experience in Spot and Forward FX, Currency and Interest Rate Futures, Money Market Derivatives and Precious Metals. Before joining OANDA, he worked with organisations like Nat West, Chemical Bank, Garvin Guy Butler, and Sumitomo Mitsui Banking Corporation. Stephen was born in Glasgow, Scotland, and holds a Degree in Economics from the University of Western Ontario.
Stephen Innes