Wash is set to 'take the helm' at the Federal Reserve. Can she meet five major challenges? A comprehensive overview.

The U.S. Senate confirmed Kevin Warsh to succeed Powell as the Federal Reserve Chairman for a four-year term; Warsh will face five major challenges upon taking office, including tests of independence, skepticism regarding interest rate cuts, unstable relations with the market, difficulties in driving change, and working with individuals he has criticized.

cls.cn10:26

Express News | The talks between the leaders of China and the United States have concluded, with **** meeting American entrepreneurs accompanying U.S. President Trump on his visit to China.

Breakings46minutes ago

Global Financial 'Nuclear Explosion Point'? G7 Long-Term Bonds Halved in Worst Storm in Over 20 Years

①From the United States to Japan, from the European Union to the United Kingdom, the surge in global long-term government borrowing costs shows no signs of abating but is instead intensifying; ②This wave of aggressive bond sell-offs, accompanied by mounting debt pressures and geopolitical instability, has created the most severe financial storm in the G7 region in two decades.

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The suspense of Kevin Warsh's debut as the new Federal Reserve Chair: Will he abandon interest rate forecasts?

Wash's debut in June faces a critical decision: whether to submit interest rate forecasts will reveal her policy stance! Abstaining may become a strategic choice to avoid pressure from Trump and promote institutional reform.

Golden10 Data08:56

The 'global asset pricing anchor' is poised for a major breakout? After nearly 20 years, the auction yield of 30-year U.S. Treasury bonds has returned to 5%.

Due to soaring energy prices driving up inflation, investors have achieved a 5% yield on 30-year U.S. Treasury bonds for the first time since 2007. A $25 billion auction of new 30-year bonds concluded with a yield of 5.046%, calculated based on the yield bidders were willing to accept, indicating weak market demand.

Zhitong Finance08:33

Futu Morning Report | U.S. President Trump has arrived in Beijing; the U.S. Senate approves Walsh as Chairman of the Federal Reserve; U.S. April PPI rises 6% year-on-year, bets on interest rate hikes increase; SMIC and Huahong Semiconductor to release ear

The S&P 500 Index and Nasdaq Composite both reached new all-time highs, with NVIDIA, Google, and Apple each hitting record highs. Chinese stocks surged collectively, with 21Vianet rising over 25% and Kingsoft Cloud gaining more than 17%.

Futu News08:12