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Kevin Warsh confirmed as Fed Chair 54-45 — the closest vote in modern history. Powell is out, Warsh takes over May 15, 2026, and his first FOMC meeting is June 16-17. April CPI hit 3.8%, PPI surged to 6% year-over-year, and markets now give 97% odds of no rate cut in June. Your high-yield savings account, mortgage rate, and 401k are all ...
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