WARSH

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Warsh > a new governor with an easing bias.

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Our view has been that you get the new governor presumably WARSH coming in middle of the year with an easing bias and then tries to cut rates in the second half of the year.

Iran Moves Its Own Oil Through Hormuz, Stocks Rise in Runup to Fed | The Opening Trade 3/18/2026
Warshwill likely assume a positiona new governor with an easing bias.

Our view has been that you get the new governor presumably WARSH coming in middle of the year with an easing bias and then tries to cut rates in the second half of the year.

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