# Marc Chandler - The Warsh Era Begins: A Hawkish Fed & The Surging US Dollar

Page: https://stenobird.com/podcast/the-ke-report-5642261/marc-chandler-the-warsh-era-begins-a-hawkish-fed-the-surging-us-dollar
Text version: https://stenobird.com/podcast/the-ke-report-5642261/marc-chandler-the-warsh-era-begins-a-hawkish-fed-the-surging-us-dollar.md
Podcast: [The KE Report](https://stenobird.com/podcast/the-ke-report-5642261)
Published: 2026-06-19T13:00:00+00:00
Episode link: https://kereport.podbean.com/e/marc-chandler-the-warsh-era-begins-a-hawkish-fed-the-surging-us-dollar/
Audio file: https://mcdn.podbean.com/mf/web/tkmjzd933wuqdzzd/2026-06-19_-_Marc_Chandler6rspd.mp3
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JSON: https://stenobird.com/v1/public/podcasts/the-ke-report-5642261/episodes/marc-chandler-the-warsh-era-begins-a-hawkish-fed-the-surging-us-dollar
Duration seconds: 1534

## Resource

In this special Friday editorial edition of The KE Report, we sit down with Marc Chandler, Managing Partner at Bannockburn Global Forex and Editor of the Marc to Market website, to unpack a whirlwind week for global macroeconomics and central bank policy. Key Discussion Points: The New Era at the Federal Reserve: A deep dive into Fed Chair Warsh's debut meeting, his lean toward "strategic ambiguity," and why the market is now pricing in a hawkish trajectory for the end of the year. The Surging US Dollar Index: Why the dollar is breaking out of its year-long range, achieving new highs against the Japanese Yen and Canadian Dollar, and defying widespread expectations of a decline. Yield Curve and Global Rate Differentials: An analysis of the flattening 2-to-10-year yield curve and how widening interest rate differentials between the US, Europe, and Japan are acting as a powerful tailwind for the greenback. Commodities and Looming Macro Risks: Why a significant pullback in crude oil prices is reshaping inflation expectations, contrasted against potential supply shocks in agriculture and shifting geopolitical risks in the Middle East. Market Psychology: Optimism or Complacency?: A candid look at whether current equity markets are priced to perfection, the signals to watch next, and how investors can use disciplined trailing stops to protect their portfolios in a late-stage bull market. Click here to visit Marc’s site - Marc To Market - https://www.marctomarket.com/ ------------------------------ For more market commentary & interview summaries, subscribe to our Substacks: The KE Report: https://kereport.substack.com/ Shad’s resource market commentary: https://excelsiorprosperity.substack.com/ Investment disclaimer: This content is for informational and educational purpo…

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