BriefApril 10, 2026 · 02:06 PM
Silver Prices Plunge 40% as Markets Price in Warsh's Inflation Hawk Stance
Silver prices fell over 40% by the end of January. The decline happened after markets interpreted Kevin Warsh's potential stance as likely to support higher interest rates and a stronger dollar. Donald Trump nominated Warsh, a former Fed Governor and Stanford University Hoover Institution fellow, to the Federal Reserve. Markets reacted to his reputation as an inflation hawk.
Knox Greyson
monetary policycommodity marketsFed appointments
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