Bloomberg Surveillance · Wednesday, October 28, 2026
Mike McKee notes that Chairman Warsh's vague communication style leaves Wall Street uncertain about how the Fed views demand versus supply shocks. He also highlights market confusion regarding future changes to meeting frequencies.
“When you listen to what he said today, they want more time to look out the window. What are they going to see out the window?”
“One thing I would add is I've gotten several messages from people on Wall Street about this change in the meeting frequency. If it starts next fall, what meeting are they going to skip?”