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Colby Smith: Warsh Fed meeting may end policy guidance

Colby Smith: Warsh Fed meeting may end policy guidance
Warsh Fed meeting may end guidance

Colby Smith highlights three key issues to monitor at Warsh's first meeting as Federal Reserve chair. Among the central concerns is whether policy guidance from the Fed chair will come to an end, with the 'easing bias' in the policy statement expected to be removed due to mounting internal opposition.

Recent U.S. data showed PCE inflation climbed to 3.8 percent in April, according to Colby Smith. Core inflation was reported at 3.3 percent for the month. Fed Chair Jerome Powell recently warned that removing officials over policy disagreements could threaten the central bank’s credibility.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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