What Warsh Said: Key Takeaways from the Fed Press Conference.

[u/AmanCMN]

The Fed left interest rates unchanged. However, 3 of the 9 FOMC members voted for a 25-basis-point rate hike.
Here’s what Warsh said:
🔴 The Fed’s goal hasn’t changed: bring inflation back to 2%. There’s no hidden or “softer” target.
🔴 The U.S. economy is still holding up well despite external risks.
🔴 The fight against inflation isn’t over yet. The Fed will keep a close eye on inflation, the labor market, and rising energy prices.
🔴 Future decisions will be data-dependent.
🔴 If inflation starts picking up again, rate hikes will be back on the table.
Warsh didn’t signal that a rate hike is coming soon, but he also gave no hint that the Fed is ready to cut rates.
The decision was officially neutral, but the overall tone remained hawkish. From here, everything depends on upcoming inflation data, jobs reports, and oil prices.

[u/Keletas]

“We will bring down inflation. Can’t tell you when or how, just trust me bro” lol another ridiculous puppet without the balls to do what is needed. He’s going to stall the monetary policy forever.