What a Kevin Warsh-Led Fed Could Mean for Mortgage REITs AGNC and Annaly Capital

Kevin Warsh, newly installed as Fed chair, held his first FOMC meeting and left rates unchanged. The article suggests he may be preparing to change how the Fed operates, implying potential shifts in central bank governance and future policy framework rather than an immediate move on rates.

Analysis

Kevin Warsh, newly installed as Fed chair, held his first FOMC meeting and left rates unchanged. The article suggests he may be preparing to change how the Fed operates, implying potential shifts in central bank governance and future policy framework rather than an immediate move on rates.