Fed’s Kevin Warsh Killed the Rate Cut: Hike Odds Now Sit at 66%
Kevin Warsh chaired his first Federal Open Market Committee assembly on June 16, and the Fed held rates of interest regular at 3.5% to three.75%, precisely as markets anticipated. However, the dot plot dropped its final remaining projection for a price reduce in 2026, and futures merchants now value a 66% likelihood of at least…
