Fed Chair Nominee Hearing Key For Dollar's Outlook -- Market Talk
Dow Jones04-20 20:47
1247 GMT - A Senate hearing scheduled Tuesday for Federal Reserve Chair nominee Kevin Warsh could prove key for the dollar's performance in the longer term, HSBC's Paul Mackel says in a note. Warsh's stance on the outlook for monetary policy, Fed independence and potential reforms, and the $6.7 trillion balance sheet are among the important factors to understand, he says. While geopolitics remain in focus in the near-term, Warsh's insights and his likely appointment will "certainly matter for the dollar in the longer run," Mackel says. (renae.dyer@wsj.com)
(END) Dow Jones Newswires
April 20, 2026 08:47 ET (12:47 GMT)
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