Kevin Warsh: My First Fed Meeting Was a “Family Fight”

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Kevin Warsh’s First Fed Meeting Was a “Family Fight”⁣ ⁣ New Fed Chair Kevin Warsh called his first FOMC meeting a “family fight,” and the vote proves it: 9-3 to hold rates steady at 3.5%-3.75%, with three voting to raise.⁣ ⁣ Markets had priced in a 33% chance the Fed would hike on inflation instead.⁣ ⁣ Warsh isn’t backing off the target either.⁣ ⁣ “There is no soft inflation target… there’s only a target, and it’s 2%.”⁣ ⁣ Translation: hikes are still on the table if inflation doesn’t cooperate. 🎬⁣ ⁣ #KevinWarsh #FederalReserve #FOMC #Inflation #Fed #InterestRates #Economy #Markets #Macro #Bankless #shorts