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Warsh's Policy Shift from July to September
The article focused on the fundamental changes in the U.S. Federal Reserve's policy under the leadership of its new Chairman, Kevin Warsh, between July and September 2026. The statement issued in September demonstrated a significant shift in the central bank's language, speaking more decisively about inflation and ways to support its return to the 2% target. The interest rate was raised by a quarter point to a range between 3.75% and 4%, with full consensus within the committee on this decision, in contrast to previous divisions in July. Additionally, the economic risk assessment was reframed, highlighting economic resilience and productivity growth, with an emphasis on how the new policy will contribute to price stability.
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