Bloomberg Surveillance · Wednesday, September 2, 2026
Jay Pulaski felt Fed Chair Warsh's recent statements were clearer, indicating he received feedback and clarified objectives and measurement methods. Pulaski stated that future rate hikes will depend on incoming data, particularly on the jobs market and inflation prints before the next Fed meeting, and that it's a committee decision.
“Well, I think he was much clearer than he had been. I think he got the message from the feedback, which is a good thing, right? I mean, just paying attention.”
“The first couple of comments from him or talks were not really well received and i think he cleared up a lot of that made it very clear what the uh what what they're looking at uh very clear about their objective very clear about how they measure that objective and now it's uh, you know, it's again uh kind of time to put up or shut up.”
“And that will dictate a lot of what the Fed decides to do. And let's remember, it is a committee decision. not the chair decision alone. And at the moment, I think the market's probably right in pricing a better than 50% chance that there will be a rate hike.”