Fed Chair Warsh Makes First Public Appearance at Global Central Banks Forum on July 1, Market Focuses on Inflation and Rate Signals

According to BlockBeats, Fed Chair Kevin Warsh will make his first public appearance since taking office on July 1 at 21:30 Beijing time, participating in a policy panel discussion at the European Central Bank's Global Central Banks Forum alongside ECB President Lagarde, Bank of England Governor Bailey, and Bank of Canada Governor Macklem.

Markets are scrutinizing Warsh's signals on inflation assessment and policy communication strategy. U.S. core PCE rose to 3.4% in May, the highest since October 2023, with investors anticipating Warsh may reaffirm the Fed's commitment to price stability. Current market pricing assigns approximately 80% probability to a September rate hike.