New Fed Chairman Kevin Warsh Just Gave a Warning to Wall Street. Here's Why You Shouldn't Panic.

New Fed Chairman Kevin Warsh Just Gave a Warning to Wall Street. Here's Why You Shouldn't Panic.

Key PointsThe Fed kept interest rates steady at its June meeting, and Warsh declined to provide guidance.Other Federal Reserve officials envision rates rising later this year before tapering off in 2027.However, long-term investors have no reason to panic if the market falls due to rate hikes.10 stocks we like better than S&P 500 Index › After some drama at the Federal Reserve, economist Kevin Warsh was confirmed as chairman in May and chaired h…

Pollack: Fed does what was expected

By Pollack The Federal Reserve did exactly what almost everyone expected last week, and then it did something many did not. On Wednesday, June 17, the Fed held its target range for the federal funds rate at 3.50 to 3.75%, a unanimous decision and the first under new Chairman Kevin Warsh. That part was expected. The surprise was in the projections. For the first time in this cycle, the median policymaker stopped penciling in a rate cut for 2026. …

New Fed Chair Kevin Warsh Ditches Rate Signals, Bitcoin Slides as Nasdaq Bounces 1.5% – #CryptoUpdatesGNIT

Key Takeaways Fed Chair Kevin Warsh and the rest of the board held rates at 3.50%-3.75% and eliminated forward guidance at the June 17 FOMC meeting.Bitcoin dropped to an intraday low of $62,236 on Thursday, June 18, as risk assets repriced Fed uncertainty.Nine FOMC dot plot participants projected at least 1 rate hike by year-end 2026, with PCE seen at 3.6%. Rates Hold, Statement Shrinks The Fed held the federal funds rate at 3.50% to 3.75% on a …