FedIMPORTANT
Fed Chair Warsh (Q&A): Asked how much was not hiking in July down to June core CPI, says "not much". We are not relying on one individual piece of data
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Fed Chair Warsh signaled a hawkish stance, stating the July hold was not driven by June's soft core CPI. Investors now face increased uncertainty due to the removal of forward guidance.
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I wouldn't say we overly relied on any one piece of data.
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