core PCE inflation
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Warsh’s First Fed Meeting Flips the 2026 Outlook From Cut to Hike: An Economic Look at the New Communications Framework, the May 4.2% CPI Print, and What Borrowers, Savers, and Investors Should Track Next
In his first meeting as Federal Reserve chair, Kevin Warsh held rates at 3.50-3.75 percent, slashed the policy statement to roughly 132 words, removed forward guidance, and presided over a hawkish SEP revision that flipped the 2026 outlook from a projected cut to a possible hike. An economic look at the new framework, the May… Continue reading
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