13 February, 2026

Warsh-Led Fed: Data‑Dependent Policy And Markets

# Real & alternative assets

What could a Warsh-led Fed mean for markets?

Summary

Key takeaways

On 30 January 2026, Donald Trump tapped Kevin Warsh — a former Fed governor between 2006 and 2011, and prominent policy hawk in a few past episodes — to take over from Jerome Powell as the US Federal Reserve Chair when Powell’s term ends in May.

With markets digesting the implications of Warsh’s nomination and his recent statements, we turned to Alessia Berardi, Head of Global Macroeconomics, for her take on how investors are reading the news, the main themes emerging from Warsh’s communications, and what might lie ahead for Fed policy as the economic outlook continues to shift.

Read the full article on the Amundi Research center

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Warsh-Led Fed: Data‑Dependent Policy And Markets

Summary

Key takeaways

Read more

Read the full article on the Amundi Research center

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