Trump’s Fed pick Kevin Warsh could shock markets with 100 bps in rate cuts this year, economist says

Economist suggests that Kevin Warsh, who has been nominated by former President Trump to serve on the Federal Reserve Board, has the potential to surprise financial markets significantly by implementing a substantial reduction of interest rates—specifically, up to 100 basis points—within the current calendar year. This bold move could have immediate and profound implications for the economy, influencing borrowing costs, investment decisions, and overall market sentiment. source: https://www.coindesk.com/markets/2026/02/03/trump-s-fed-pick-warsh-to-slash-interest-rates-by-100-basis-points-this-year-economist-says