Guy LeBas: Fed hawkishness marginally exceeds market expectations

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18.02.2026

Guy LeBas: Fed hawkishness marginally exceeds market expectations — Fed hawkish stance noted

Guy LeBas highlights a slight hawkish tendency in the Federal Reserve's stance compared to market expectations. Several members of the Federal Reserve expressed a preference for including a two-sided risk statement, a plan that did not gain traction in the decision-making process.

LeBas further notes that a key task for Warsh will be addressing the concerns of those members who advocated for the additional statement.

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