Warsh faces bind between Trump, inflation after scorching new report
Summary
Federal Reserve Chair Kevin Warsh is facing a major challenge ahead of his first monetary policy meeting leading the central bank on the heels of an alarming May inflation report. The Federal Open Market Committee (FOMC) is almost certain to keep rates unchanged at the end of its two-day meeting Wednesday, even after the latest…
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"Wednesday will be Kevin Warsh's first Fed day as chair. The S&P has never had an up day on the first Fed day for new chairs (since 1994 when the Fed began announcing policy decisions on the day of the meeting)."@bespokeinvest pic.twitter.com/7djfCI9OLT
— Daily Chartbook (@dailychartbook) June 14, 2026
Kevin Warsh’s first FOMC this Tues-Wed.
— Heisenberg (@Mr_Derivatives) June 14, 2026
Wonder if the markets will test him mid week?
Fed projected to not cut rates for remaining of the year. pic.twitter.com/X0reCt4Ur4