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The New Fed Chair Hinted at Rate Cuts. Wall Street Is Betting He Does the Opposite
Key takeaways
- The New Fed Chair Hinted at Rate Cuts.
- Warsh s preferred trimmed-mean inflation measure missed the pandemic surge, a dangerous blind spot with inflation already running above 4%.
- Consumer sentiment cratered to 49.8 from 61.7, and Liesman warns the Fed has little power to bring down interest rates in the short term.
The New Fed Chair Hinted at Rate Cuts. Wall Street Is Betting He Does the Opposite Joel South Tue, June 16, 2026 at 11:37 PM GMT+7 4 min read NVDA Quick Read Warsh signaled rate cuts during confirmation hearings, but bond markets are pricing in hikes, with the 10-year Treasury sitting near its 94th percentile.
Warsh s preferred trimmed-mean inflation measure missed the pandemic surge, a dangerous blind spot with inflation already running above 4%.
Consumer sentiment cratered to 49.8 from 61.7, and Liesman warns the Fed has little power to bring down interest rates in the short term.
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