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Warsh’s Fed Debut a Key Risk for FX Markets, Morgan Stanley Says

Bloomberg Markets · Jun 3, 2026, 4:58 PM · Also reported by 3 other sources

Federal Reserve Chairman Kevin Warsh’s first policy meeting this month could potentially jolt foreign-exchange markets and upend consensus carry trades, according to Morgan Stanley.

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Warsh’s Fed Debut a Key Risk for FX Markets, Morgan Stanley Says

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