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Some Fed officials and staff are fretting about state of financial markets
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- Some Fed officials and staff are fretting about state of financial markets By Michael S.
- Even as the war in the Middle East has darkened the outlook, stock markets have booked strong gains that many struggle to square with economic fundamentals.
- Some fear the Fed will be less willing to step in in times of trouble and that the likely path toward accomplishing Warsh s desire for a smaller Fed balance sheet would actually increase risk in the financial system.
Some Fed officials and staff are fretting about state of financial markets By Michael S. Derby Thu, May 21, 2026 at 11:19 PM GMT+7 4 min read By Michael S. Derby
NEW YORK, May 21 (Reuters) - When Kevin Warsh takes command of the Federal Reserve, he will do so as some central bank officials and staff have become increasingly anxious about the state of the financial markets and the risk that presents to the economy.
Meeting minutes for the central bank’s late-April Federal Open Market Committee showed that staff as well as a number of policy makers are showing some anxiety about the state of finances, as they wonder how they can shore up the already expansive suite of tools the Fed has in place to deal with market woes.
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