Warsh Likely Skips Fed's Dot Plot, Signaling Guidance Shake-Up
TL;DR Summary
New Fed Chair Kevin Warsh is expected to skip submitting the dot plot in the FOMC update, a move that could indicate a shift away from forward guidance and upend 14 years of practice. Markets will also watch whether he maintains the SEP and post-meeting press conferences, as economists weigh potential impacts on credibility and market expectations.
- Fed Chair Warsh expected to withhold 'dot' from central bank's interest rate outlook CNBC
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- Kevin Warsh was bracing for rising inflation. A US-Iran agreement simplifies things CNN
- Economists bet on higher rates as Kevin Warsh takes reins at the Fed Financial Times
- Kevin Warsh set to lead his first Federal Reserve interest rate meeting. Here's what to expect. CBS News
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