Warsh Faces the Senate

President Trump’s nominee, Kevin Warsh, appeared before the US Senate seeking ultimate approval to be named the 17th Chair of the Federal Reserve. While the US President may be the “Leader of the Free World,” one could make a strong argument that the US Federal...

Around the Bond Market, September 2025

CPI came in a touch hotter than expected in August, with the headline rising 0.382%, rounding to 0.4%, and the core rising 0.346%, rounding down to 0.3%. The consensus was 0.3% for both. The YoY CPI inflation rate rose from 2.732% to 2.939%, while the core YoY rose...