Fed chair warsh says US economy resilient, inflation elevated, offers no forward guidance on rates

Fed rate hike deadlinesFederal Reserve Chair Kevin Warsh has stated that the U.S. economy remains resilient, although inflation continues to be elevated, and yields have increased. Notably, the Fed did not provide any forward guidance on future rate hikes. The statement from Warsh has influenced prediction markets related to potential rate hikes. Markets have adjusted odds downward for a rate hike by September 2026, now at 63.5% YES, reflecting potential caution. Conversely, any hawkish indications from future Fed communications could reinforce expectations of rate hikes, impacting market pricing accordingly.