JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
AI disclosure
Summary
JPMorgan’s U.S. economics team says last week’s post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward their call for a rate increase.
Discussion on
Trending posts from X.
Bank of America says the market's reaction to Kevin Warsh resembles an emerging market facing a credibility shock pic.twitter.com/OHmzODwUSg
— Joe Weisenthal (@TheStalwart) August 3, 2026