
Warsh FOMC Reality: Market Easing Expectations Dead
Chair Warsh cut the FOMC statement to 130 words, removing forward guidance. With 2026 rates at 3.8%, traders must now read raw data.

Chair Warsh cut the FOMC statement to 130 words, removing forward guidance. With 2026 rates at 3.8%, traders must now read raw data.

Warsh prioritizes the 2% target as 14 of 19 FOMC participants see zero cuts. Markets react sharply to this rigid price stability stance.