Latest / Economic Insights by Nationwide
Fed's family fight yields few details
Fed Chair Kevin Warsh led his second FOMC policy meeting this week. As expected, the committee kept the federal funds rate unchanged at 3.5% to 3.75%. In his press conference, Warsh briefly discussed the current state of the economy and responded to several questions regarding the debate within the FOMC on potential rate hikes. Nationwide's Chief Economist Kathy Bostjancic and Head of Enterprise Portfolio Management Leo Svoboda share their reaction to his statement and press conference responses, the market's reaction, the 10-year Treasury yields, shape of the yield curve, AI-related debt…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.