Fed Chair Warsh Faces First Rate Meeting Amid Trump Pressure
Trump is pressing for lower rates as Warsh prepares to outline a reform agenda and a likely steady hold at his first policy meeting.
- Federal Reserve Chair Kevin Warsh will chair his first two-day Federal Open Market Committee meeting on Tuesday, June 16, widely expected to hold interest rates steady at 3.5% to 3.75%.
- Inflation has reached a three-year high as energy prices surge from the US-Israel war on Iran, complicating the Federal Reserve's ability to balance growth with price stability.
- President Donald Trump continues pressing the Federal Reserve to lower rates, yet Warsh faces resistance from a divided committee that saw four dissenting votes in April—the largest number since 1992.
- At his confirmation hearing, Warsh said he favored "messier meetings," where policymakers could have "a good family fight," signaling potential changes to how the Fed conducts internal debate.
- Before the war sent energy prices soaring, markets priced in rate cuts by year-end; now CME's FedWatch tool forecasts potential hikes by December, placing Warsh under pressure to navigate conflicting economic signals.
31 Articles
31 Articles
Following the interest rate hike by the European Central Bank, investors' attention will shift to the Federal Reserve meeting next week, with particular focus on the new chairman, Kevin Warsh. The central bankers of Japan and the United Kingdom will also make their voices heard.
thedailyupside.com
BizTocCan Kevin Warsh Tame the Fed’s $6.7 Trillion Balance Sheet?
Kevin Warsh has a long to-do list for the Federal Reserve. There’s the Federal Open Market Committee (FOMC)’s dual mandate of promoting maximum employment and stable prices, which requires a balancing act by Warsh and his fellow committee members. He also wants to narrow the Fed’s focus, rethink post-meeting press conferences and forward-looking guidance (Warsh has essentially said his colleagues talk too much) and potentially change how the ce…
Channel News Asia
Between Trump and a hard place: Fed chair Warsh to lead first rate meeting
WASHINGTON: US Federal Reserve chief Kevin Warsh will chair his first meeting of the central bank's rate-setting committee next week caught between a rock and a hard place.Inflation is at a three-year high but Warsh still faces unrelenting pressure from the White House to lower interest rates.The bank'
The domestic stock market this week (the 15th–19th) is expected to be influenced by the possibility of an end to the war between the U.S. and Iran, as well as the first Federal Open Market Committee (FOMC) meeting following the inauguration of new Federal Reserve Chair Kevin Warsh. In particular, with the likelihood of a U.S. interest rate hike increasing, the direction of global stock markets is expected to be determined by the message Chairman…
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