# What Kevin Warsh Signals About Fed Policy in His First Meeting Page: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-kevin-warsh-signals-about-fed-policy-in-his-first-meeting Text version: https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-kevin-warsh-signals-about-fed-policy-in-his-first-meeting.md Podcast: [The Federal Reserve Podcast with Fexingo: Interest Rates, FOMC Meetings, and Monetary Policy](https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696) Published: 2026-06-18T17:37:33+00:00 Episode link: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0060.mp3 Audio file: https://audio.fexingo.com/business/the-federal-reserve-podcast/episode-0060.mp3 Processing state: not_requested JSON: https://stenobird.com/v1/public/podcasts/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/episodes/what-kevin-warsh-signals-about-fed-policy-in-his-first-meeting Duration seconds: 460 ## Resource With Kevin Warsh presiding over his first FOMC meeting as Fed chair, markets are parsing every signal. The new chair inherits an economy with sticky core CPI at 336.1 and the fed funds rate at 3.63%, while breakeven inflation is edging down. Lucas and Luna break down what Warsh's initial statements reveal about his priorities, how his views differ from Jerome Powell's, and what it means for rate policy through the rest of 2026. They examine his past writings on the neutral rate, his skepticism of forward guidance, and his focus on financial stability. Plus, why the bond market's reaction may be the truest tell. This episode offers a nuanced look at a pivotal leadership transition at the world's most powerful central bank. #KevinWarsh #FederalReserve #FOMC #InterestRates #MonetaryPolicy #FedChairman #CentralBanking #Inflation #CoreCPI #BreakevenRates #NeutralRate #BondMarket #Economics #FexingoBusiness #BusinessPodcast #FedPolicy #TreasuryYields #FinancialStability Keep every episode free: buymeacoffee.com/fexingo ## Actions - request_transcript: `POST https://stenobird.com/v1/public/podcasts/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/episodes/what-kevin-warsh-signals-about-fed-policy-in-his-first-meeting/transcription-requests` — Idempotently request low-priority transcript generation for this episode. - read_markdown: `GET https://stenobird.com/podcast/the-federal-reserve-podcast-with-fexingo-interest-rates-fomc-meetings-and-monetary-policy-7871696/what-kevin-warsh-signals-about-fed-policy-in-his-first-meeting.md` — Read the agent-friendly Markdown representation of this episode resource. A page view does not enqueue transcription. Agents should invoke `request_transcript` explicitly when they need this episode processed. ## Transcript Full transcripts are not published on public pages unless there is a clear rights basis.