Warsh Wants the Fed to Send Fewer Signals. That Comes With Risks.
https://www.nytimes.com/2026/06/18/business/federal-reserve-warsh-interest-rates.html
Where are the eurozone’s cheapest and highest mortgage rates?
Borrowers in the Baltics pay just over twice what Maltese households do for a home loan, ECB data to April 2026 shows.
#Mortgages #Economy #Housing #InterestRates #Eurozone #MortgageDivide #MonetaryPolicy #Europe
And instead of remaining independent & impartial when the next financial crisis occurs, the #Fed will be biased towards supporting the very sectors that likely created the crisis.
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RE: https://mstdn.social/@dalfen/116767034385860245
To me, this was the biggest tell of where #Warsh wants the #Fed to go – all mixed up with #business & #finance, which I think could spell disaster.
Not being dramatic, but the Fed's focus will be marred – supporting the financial sector & big business, not simply ensuring price/job stability. It'll have every incentive to make it appear that #inflation & #prices are under control, not truly control them.
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Fed Holds Rates as Inflation Pressure Forces a Harder Policy Line
Fed Holds Rates as officials signal inflation may require tighter policy, complicating relief for borrowers and the broader economy.https://thedemocracyadvocate.com/news-to-know/economic-policy/fed-holds-rates/
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#Warsh ended the press conference by saying, "Strong productivity-led growth isn't something we fear, but something we embrace."
#USA #FederalReserve #Fed #CentralBank #MonetaryPolicy #finance #economics #USeconomy #USgov #USpol
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* c/o Yahoo Finance feed of Warsh's press conference (observations from poster)
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#Warsh, the brand new #Fed chair, said that he has had several breakfasts with Treasury Secretary #Bessent (pics of which Bessent has been posting on "X"). Warsh said it is normal for that to happen.
(🤔)
#USA #FederalReserve #CentralBank #MonetaryPolicy #finance #economics #USeconomy #USgov #USpol
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* c/o Yahoo Finance feed of Warsh's press conference (observations from poster)
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#Warsh repeatedly stated that the #Fed will "deliver" on price stability. He didn't talk much about the job part of the mandate & said:
"I don't believe we have a cruel choice (b/t higher #inflation & #jobs)... What I believe is if we do our job, we can make strong #growth, low #prices, and strong #employment neutrally compatible."
#USA #CentralBank #MonetaryPolicy #finance #economics #USeconomy
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* c/o Yahoo Finance feed of Warsh's press conference (observations from poster) & Bloomberg
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#Warsh also talked about the makeup of the Federal Reserve Board & wants the "best minds" for task forces, and that those groups that will be information recipients "feel they have some equities in it too." 👀
He focused A LOT on task forces, indicating to me that the Fed might put people on those task forces that are OUTSIDE of the #Fed (central bank) – perhaps those prominent in #finance & #business 👀👀
#USA #US #CentralBank #FederalReserve #Inflation #MonetaryPolicy #economics #USeconomy
Don Curren 🇨🇦🇺🇦
NYT > Business
MediaFaro Analysis
ˈdälfən™🐬 💥 🌊
The Democracy Advocate