Fed minutes reveal split outlook on rates under Warsh
TL;DR Summary
Fed minutes from the June 16-17 FOMC meeting show officials were split on the rate path, with some favoring higher rates this year and others predicting cuts. The committee kept the federal funds rate at 3.5%-3.75% and the dot plot narrowly favored one hike in 2026 followed by cuts in 2027-2028, while the post-meeting statement was shortened and the easing bias removed as Warsh emphasizes clearer communication.
- Fed officials were split on direction of interest rates at last meeting, minutes show CNBC
- Fed minutes due as analysts debate whether Warsh will curtail them Reuters
- Fed Minutes Show ‘a Few’ Officials Saw Case for June Rate Hike Bloomberg.com
- FOMC minutes: How much will the Fed tell us? Axios
- A Few Officials Signaled Support for Higher Rates at Warsh’s First Meeting The New York Times
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