Federal Reserve
The Warsh Shock: Fed Nomination Sparks ‘Metals Flash Crash’ as Hawkish Shift Reshapes Global Markets
The global financial landscape underwent a seismic shift in the first week of February 2026, as the nomination of Kevin Warsh to succeed Jerome Powell as Chairman of the Federal Reserve sent shockwaves through the commodities and currency markets. The announcement, made by the White House on January 30 and