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Federal Reserve Chairman Warsh advocates for policy reform, with his emerging framework suggesting potential for further interest rate hikes.
Federal Reserve Chairman Warsh is pushing for policy reforms at the Federal Reserve, with his emerging policy framework hinting at potential further rate hikes. He has changed the Fed's communication approach and rejected the concept of a neutral rate, focusing instead on broad financial conditions indicators. The market anticipates a 70% probability of a rate hike in October, with potentially two more hikes by March next year.
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