Wealthion · Tuesday, July 28, 2026
Jim Bianco predicts that the Federal Reserve will move away from providing forward guidance, leading to increased uncertainty for Wall Street. He explains that this change is due to market participants treating guidance as promises, which the Fed wants to avoid, forcing them to adapt to a less predictable environment.
“Yes, I think Wall Street's going to have to readjust to a Fed that's more uncertain.”
“That's a fancy word for leaking to us, they're telling us what they're about to do.”
“Um, and the reason they don't offer it is too many people on Wall Street took it as a promise.”