Federal Reserve Chairman Kevin Warsh repeats he won't offer forward guidance on upcoming interest-rate policy, signaling a step-change at the US central bank
Federal Reserve Chairman Kevin Warsh repeated that he will not provide forward guidance on upcoming interest-rate policy, signaling a step-change at the US central bank.
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Warsh says he has not changed view on balance sheet in first four weeks at the Fed, signaling continuity on monetary policy stance as markets watch for shifts in asset holdings.
Warsh says he has not changed his view on the balance sheet during his first four weeks at the Fed.
Fed Chair Warsh declines to say whether Fed will raise rates at next meeting, stressing policymakers will wait for more data; Kalshi prices 68% chance of a hike
Fed Chair Kevin Warsh declined to say whether the Fed will raise interest rates at its next meeting, stressing policymakers will wait for more data. Market expectations remain elevated, with Kalshi pricing a 68% chance of a Fed rate hike.
Fed's Warsh says inflation expectations and risks have come down, warns Fed won't accept inflation above 2%, and reaffirms central bank independence unchanged.
Fed's Warsh says inflation expectations over the first four weeks have come down and inflation risks have decreased, adding that anyone expecting the Fed to be comfortable with inflation above 2% will be disappointed and reaffirming the Fed will remain an independent central bank with no changes to its independence.
Trump announces construction of many car plants and AI facilities in the US
Trump announces construction of many car plants and AI facilities in the US.
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