Market Faces 'Warsh Shock' Amid Geopolitical Tensions

PANews posted on X (formerly Twitter). The financial markets are experiencing what is being termed as the 'Warsh Shock' following the announcement that U.S. President Donald Trump has nominated Kevin Warsh as the new Federal Reserve Chair. This development has sparked significant reactions across global markets. Concurrently, geopolitical tensions are escalating as Iran's Supreme Leader Ayatollah Ali Khamenei has issued a warning about the potential risk of regional warfare. These factors are contributing to heightened uncertainty in the financial landscape.