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Senior Economist: Markets Have The Fed Wrong, Interest Rates Likely to Stay Put “For The Rest Of The Year”
Key takeaways
- Unemployment eased to 4.2% and jobless claims held at 215,000, giving the Fed room to hold without pressure to hike or cut.
- Warsh's shift away from concrete forward guidance leaves the front end of the yield curve exposed to sharp moves on each new headline.
- Don't wait: the analyst who called NVIDIA in 2010 just revealed his top 10 AI stocks.
Senior Economist: Markets Have The Fed Wrong, Interest Rates Likely to Stay Put “For The Rest Of The Year” Thomas Richmond Thu, July 2, 2026 at 10:45 PM GMT+7 3 min read Quick Read Kochugovindan argues markets are mispricing the Fed, citing Warsh's dovish ECB Forum remarks on falling inflation risks and AI-driven supply gains.
Unemployment eased to 4.2% and jobless claims held at 215,000, giving the Fed room to hold without pressure to hike or cut.
Warsh's shift away from concrete forward guidance leaves the front end of the yield curve exposed to sharp moves on each new headline.
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