> WARSH: ALSO ABSENT IS FORWARD GUIDANCE, NOT WELL-SUITED TO CURRENT POLICY STATE

<@TerminalFeed>

> 🇺🇸 KEVIN WARSH DELIVERS FIRST FOMC PRESS CONFERENCE AS FEDERAL RESERVE CHAIR.

"GOOD DAY."

<@TerminalFeed>

> FED'S WARSH SAYS HIGH PRICES REMAIN A BURDEN AS INFLATION STAYS WELL ABOVE THE FEDERAL RESERVE’S 2% GOAL

<@TerminalFeed>

> WARSH: POLICY STATEMENT IS SHORTER, SIMPLER, JUST THE FACTS

<@TerminalFeed>

> *TREASURY 2-YEAR YIELD RISES 10 BASIS POINTS ON DAY TO 4.15%
()

<@TerminalFeed>

> WARSH: INFLATION FRAMEWORK REVIEW TASK IS TO FOCUS ON DRIVERS OF INFLATION

<@TerminalFeed>

> WARSH: I SEE NO REASON TO REVISIT 2% INFLATION TARGET

<@TerminalFeed>

> WARSH: 'I CAN'T GIVE YOU ANY GUIDANCE ON WHAT WE'RE GOING TO DO NEXT'

<@TerminalFeed>

> WARSH SAYS FEDERAL RESERVE POLICY STATEMENTS WILL BE SHORTER, FACT-BASED, AND AVOID SIGNALING FUTURE RATE MOVES

<@TerminalFeed>

> WARSH: FED POLICY APPEARS TO BE RESTRICTIVE VIS A VIS HOUSING MARKET, BUT NOT FINANCIAL MARKETS

<@TerminalFeed>

> 🇺🇸 FED CHAIR KEVIN WARSH SAYS THE FEDERAL RESERVE HAS OFFICIALLY DROPPED FORWARD GUIDANCE.

<@TerminalFeed>

> WARSH: WE'LL FIX FIVE YEARS OF MISSES ON INFLATION

<@TerminalFeed>

> WARSH: SOME ECON DATA WE RECEIVE MIGHT BE AN 'ECHO OF HISTORY'

<@TerminalFeed>

> 🇺🇸 FEDERAL RESERVE CHAIR KEVIN WARSH SAYS FED OFFICIALS ARE "VERY OPEN ABOUT CHANGES."

<@TerminalFeed>

> IRAN'S FOREIGN MINISTRY SPOKESPERSON SAYS U.S. HAS COMMITTED TO CANCEL ALL TYPES OF SANCTIONS ON IRAN BASED ON A SCHEDULE THAT WILL BE DISCUSSED IN UPCOMING TALKS - SNN

<@TerminalFeed>

> WARSH: FINANCIAL MARKET PRICES ARE THE MOST IMPORTANT SOURCE OF INFORMATION TO GUIDE CENTRAL BANKERS

<@TerminalFeed>

> WARSH DECLINES TO COMMENT ON RISING TREASURY YIELDS FOLLOWING FED DECISION

<@TerminalFeed>

> WARSH DECLINES TO COMMENT ON ANY INTERACTIONS WITH TRUMP SINCE CONFIRMATION

<@TerminalFeed>

> WARSH: WE NEED TO MAKE SURE RISING PRICES DON'T BROADEN THROUGH THE ECONOMY

<@TerminalFeed>

> WARSH: AI IS FILLED WITH OPPORTUNITY, RISKS

<@TerminalFeed>

> WARSH SAYS NONE OF 19 AT TABLE FELT WE NEEDED TO TIGHTEN TODAY

<@TerminalFeed>