Peaked at #2 Now #2
Warsh Presser and FOMC Changes
Fed Chair Kevin Warsh says inflation is too high.
Key points
- Fed Chair Kevin Warsh said "inflation is too high" at an FOMC press conference.
- WatcherGuru posted a LIVE link to the Fed Chair Kevin Warsh FOMC Press Conference.
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Watcher.Guru goes live with Fed Chair Kevin Warsh's FOMC press conference.
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Warsh announces an overhaul of the Fed's meeting schedule from fall 2027: one of eight meetings to focus on strategy, 6 rate meetings by 2028.
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Kobeissi summarizes Warsh: one fewer rate vote from Fall 2027, six meetings in 2028, and that 'monetary medicine is starting to work.'
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Warsh announces FOMC schedule change next fall: 8 meetings a year, one non-voting strategy session, 6 policy meetings in 2028.
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Reaction on X: Most replies were critical or mocking rather than supportive, calling the statement obvious and demanding action. Some pointed to PPI at 6.3%, oil at $117, tariffs and a long war as obstacles; no response from the original poster.
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From @MoveResiliently, @alexjmingolla, @TheStockUp_ and others. Spam removed, with English and Chinese translations.
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