Jefferies analyst Mohit Kumar says Fed chair Kevin Warsh will prioritize credibility over signaling a hawkish or dovish tilt — likely the key message today. He warns the Fed must act if inf risks re-emerge. Jefferies projects oil will fall to $60–65/barrel in two years and says oil should not be the determinant of the medium-term inf outlook.

2026-10-28

Jefferies analyst Mohit Kumar says Fed chair Kevin Warsh will prioritize credibility over signaling a hawkish or dovish tilt — likely the key message today. He warns the Fed must act if inf risks re-emerge. Jefferies projects oil will fall to $60–65/barrel in two years and says oil should not be the determinant of the medium-term inf outlook.