Kevin Warsh, newly appointed Fed Chair, spoke at a European Central Bank panel and discussed Lisa Cook's status as Fed Governor.

The entities involved

• FED →

  business

  • US-Iran truce aims to reopen Strait of Hormuz amid global monetary policy shifts and oil price drops.Mon 17:37
  • Iran closed the Strait of Hormuz, halting petroleum liquids movement and raising inflation concerns, which Donald Trump views as a potential solution.Mon 16:16
• Lisa Cook →

  painter

  • Economic figures, including Musalem, Cook, and Kashkari, expressed concern over inflation being above target.Fri 11:27
• Christine Lagarde →

  President of the European Central Bank

  • ECB has established swap line arrangements with central banks, with the ECB President leading central bank operations.Mon 17:35
  • Scott Bessent's actions are influencing US bond market stability, while German bond yields react to ECB policy led by Christine Lagarde.Sat 06:21

Related events

• Trump appointed Kevin Warsh as Fed chair amid central banks overshooting targets, while global economic pressures mounted due to the Iran war and international rate hike pressures.Jun 11
• Kevin Warsh is appointed Chairman of the Federal Reserve, and analysts begin reviewing the Fed's messaging and tone.Jun 18
• Trump appoints the Fed Chairman while pushing for lower rates, leading to a clash with Treasury Secretary Bessent.Aug 27
• Kevin Warsh, Federal Reserve Chairman, made comments at Jackson Hole that shifted market expectations regarding future rate hikes.Aug 29
• Donald Trump nominated Warsh to lead the Federal Reserve (FED) on June 17, 2026.Jun 18