Category central_banks

Warsh Leads First FOMC Meeting

New Fed Chair Kevin Warsh holds first policy press conference New Federal Reserve Chairman Kevin Warsh concluded his first policy press conference following his initial FOMC meeting. Warsh exhibited a sharp stylistic departure from his predecessor Jerome Powell's appr

Fed Keeps Rates Unchanged

Fed maintains interest rates unchanged with unanimous vote The Federal Reserve kept interest rates unchanged as expected. The vote was unanimous, with 'price stability' emerging as a key focus. The Fed's decision reflects its dual mandate of inflation and maximum em

Fed Hike Odds Rise Above 50%

September hike probability jumps from 30% to over 50% The probability of a September Fed hike rose above 50% after the decision, up from around 30% the previous day. This increase reflects a shift in the dot plot rather than clarity from the Fed. BNP Paribas expe