Fed watchers expect Wosh’s remarks tonight to mirror his June 17 press conference, when he stressed price stability and sharply reduced use of forward guidance as a signalling tool. Investors anticipate he will retain a hawkish stance and prioritize inflation control. ING chief international economist James said Wosh’s commitment to price stability has largely eased concerns about Fed politicization and he expects similar language tonight. James added Wosh will almost certainly be asked about fi

Fed watchers expect Wosh’s remarks tonight to mirror his June 17 press conference, when he stressed price stability and sharply reduced use of forward guidance as a signalling tool. Investors anticipate he will retain a hawkish stance and prioritize inflation control. ING chief international economist James said Wosh’s commitment to price stability has largely eased concerns about Fed politicization and he expects similar language tonight. James added Wosh will almost certainly be asked about fiscal policy’s inflationary impact; his responses could move markets after his June 17 comments lifted market rate‑hike expectations. He is unlikely to comment much on the Supreme Court decision blocking Trump’s attempt to remove Cook from the Fed; the Q&A is expected to be orderly.