Week Ahead: Summertime and the living isn't easy for the Fed

Kevin Warsh chairs his first Fed meeting in June, but Jerome Powell may still make his presence felt. His board seat runs to early 2028, making him a potential swing vote. Meanwhile, questions are growing over whether Warsh will move to scrap the dot plot and reduce the Fed's balance sheet. A move analysts warn could add volatility and a risk premium at a time when borrowing costs are already high.

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