Warsh already cut forward guidance and keeps statements short. Markets have less to price from his words.
Three dissents at his second meeting as chair showed internal division over rates.
He created task forces on communications data and the balance sheet right after taking the job. More changes still coming.
Lol they can't raise rates if they dont meet.
— Ali (@MerruX) July 31, 2026
Heading towards communism.
Transparency will eventually dissolve
— The Great Martis (@great_martis) July 31, 2026
WASHINGTON, July 31 (Reuters) – U.S. Federal Reserve Chairman Kevin Warsh at this week’s interest-rate-setting meeting raised the idea of reducing the number of the Fed’s regularly scheduled meetings where it sets monetary policy, the New York Times reported on Friday.
The move, if adopted, would break with nearly half a century of practice and would serve as the most consequential operational shift so far under the new Fed leader, who came aboard about two months ago promising “regime change.”