Traders play war game for Trump’s Fed pick from Yellen to Warsh

FILE - In this Thursday, Dec., 11, 2014, file photo, Kevin Warsh speaks to the media about his report on transparency at the Bank of England, in London. President Donald Trump has met with Warsh as part of the process of interviewing candidates for the top job at the Federal Reserve. A White House official says Trump and Treasury Secretary Steven Mnuchin met with Warsh, a former member of the Fed’s seven-member board, on Thursday, Sept. 28, 2017. (AP Photo/Alastair Grant, Pool, File)

NEW YORK: Whether Donald Trump follows through on announcing a new Federal Reserve chair in the coming weeks or not, traders across financial markets have already tipped their hands.

Former Fed governor Kevin Warsh (pic) ... he’s seen as the most hawkish of the candidates, meaning more rate hikes and a flatter yield curve.