Points | MPR - Going Nowhere in a Hurry

Kevin Warsh's first Federal Open Market Committee (FOMC) meeting as Chair brought an expected policy hold, tough inflation rhetoric, little forward guidance, and a pledge to revisit the Fed's lens and

The Fed will remain on hold until they are confident that tariff inflation has passed through and they have had time to assess the uncertain evolution of war in the Middle East. With the broader econo

The Federal Reserve signaled that policy will remain in a holding pattern. Risks to employment and inflation appear to have lessened and the economic outlook has improved.