New Fed Chairman Kevin Warsh delivered his first major address to the Federal Reserve Board at their summer symposium last week. CME FedWatch tool is changing as a result. The board did not meet in August but is scheduled to meet on the 15th and 16th of this month. Any rate decision will come early afternoon on the 16th. Warsh …
Federal Reserve Board to Meet In Late July
Federal Reserve Board opens its two-day June meeting today. Very little chance of any interest rate cut. The Feds last met in late April. Jerome Powell’s last meeting as chairman, Kevin Warsh, was sworn in on May 22, becoming the 17th chairman of the board. Recent economic reports, escalation of action in Iran, leaving very little chance of any Fed …


