Analyst Chris Anstey said today’s statement—and Walsh’s briefing—clarified that officials need more information to determine the appropriate stance to bring inflation back to 2%. That explanation contrasts with July, when the Fed left rates unchanged amid high inflation and Walsh failed to explain policymakers’ logic, triggering a sharp market sell-off; the clearer messaging today appears to have calmed investors.

Federal Reserve Chair Kevin Warsh said the Fed will adjust FOMC meeting arrangements starting next autumn while keeping eight meetings a year. In 2027 the Fed will still hold eight meetings, but one will be a non‑voting session dedicated to policy strategy rather than a vote on the policy rate. In 2028 two of the eight meetings will be strategy sessions without policy‑rate votes; those sessions will not be formal policy decision meetings.

加拿大央行行长麦克勒姆：加拿大通胀前景已恶化，而增长前景略有改善。