Latest Interviews

A changing Federal Reserve

Sphia Salim, Aditya Bhave, Mark Cabana, Alex Cohen, Kevin Warsh, Zviya Salim

Kevin Walsh's Senate confirmation hearing strategy prioritizes securing a mandate for steady rates by emphasizing AI-driven productivity gains and full employment while avoiding direct calls for rate cuts. Concurrently, market analysts anticipate a prolonged pause in monetary policy, with a baseline forecast of potential cuts in September and October contingent on softer labor data and fading tariff effects. Despite Walsh's intentions to unilaterally alter communication protocols and shorten the duration of the Fed's balance sheet, these structural shifts face significant hurdles in convincing FOMC colleagues or fundamentally altering the central bank's current trajectory toward a flat rate path.