A New Fed Chair — Stability or More Confusion? Wall Street likes certainty. And with Kevin Warsh expected to step into the Fed chair role, some analysts think at least one big question mark has been removed. But here’s the thing — sometimes when one door closes, two more open. According to TD Securities’ Bart Melek, Warsh’s nomination clarifies leadership but complicates the rate path. Markets aren’t sure whether he’ll lean dovish and cut rates aggressively, or whether he’ll stay hawkish enough to keep inflation in check. That uncertainty matters in the short term. Gold tends to thrive when: Real rates fall Inflation expectations rise Monetary policy feels loose If the new Fed chair doesn’t “put the metal to the…
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