Kevin Warsh Fed reform: rate hike done, balance sheet cuts stalled

Kevin Warsh Fed reform: rate hike done, balance sheet cuts stalled

Warsh has moved fast on communications and secured a unanimous rate hike, but colleagues and economic conditions are slowing his bigger ambitions

Warsh's regime change at the Fed pushes ahead – and meets resistance

Fed Chairman Kevin Warsh is driving rapid change in some areas, while his emerging policy framework suggests further rate hikes remain possible.

Kevin Warsh Is Reshaping the Fed, but His Biggest Changes Are Still Ahead

Kevin Warsh is reshaping Federal Reserve policy by emphasizing financial conditions and abandoning traditional forward guidance, while balance-sheet cuts remain under review.

Kevin Warsh Has Markets Pricing Three More Rate Hikes Through June

Kevin Warsh's hawkish Jackson Hole speech and the September 16 FOMC decision flipped rate-hike odds from a coin flip to a market consensus, with traders now pricing three more hikes through June 2027. The dollar posted its best day in three months while gold, silver and bitcoin sold off before gold partially recovered.

Warsh Reshapes Fed Policy Framework as Balance-Sheet Changes Face Resistance

The Federal Open Market Committee raised its target range to 3.75%-4% on Sept. 16 as inflation remained above the Fed’s 2% target.