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Federal Reserve Chairman Warsh: The market has already made its judgment.

2026-07-30

Federal Reserve Chairman Warsh: The market has already made its judgment.

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2026-07-30

Fed Chair KEVIN WARSH said he references a broader set of inflation indicators than PCE alone, though PCE remains the Fed's reference metric and will continue to be used. June core PCE, the Fed's preferred inflation gauge, is due Thursday 20:30 Beiji

Fed Chair KEVIN WARSH said he references a broader set of inflation indicators than PCE alone, though PCE remains the Fed's reference metric and will continue to be used. June core PCE, the Fed's preferred inflation gauge, is due Thursday 20:30 Beijing time. Committee members typically do not wait for the public print; they rely on staff estimates based on available information, and FOMC deliberations are driven by those internal analyses. Markets expect core PCE YoY 3.30% (prev. 3.40%). A print below expectations would lessen the urgency for additional rate hikes; an upside surprise would reinforce expectations for further tightening.
2026-07-29

IRNA reports Kuwait's foreign minister met Pakistan's prime minister and military chief.

IRNA reports Kuwait's foreign minister met Pakistan's prime minister and military chief.
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