Marketplace · Tuesday, September 15, 2026
The Federal Reserve, under Kevin Warsh, is expected to raise its benchmark interest rate by a quarter percentage point at its upcoming meeting. However, the central bank's lack of forward guidance is causing uncertainty on Wall Street.
“You know, one of the realities of the Kevin Warsh led Federal Reserve is that we kind of don't really know what the central bank is going to do when it wraps up its two-day meeting tomorrow. Lack of forward guidance at all.”
“A 90% plus percent expectation that Warsh at all will raise their benchmark interest rate by a quarter of a percentage point.”