On June 17, 2026, Federal Reserve Chair Kevin Warsh announced that the central bank will discontinue its practice of providing forward guidance regarding future monetary policy actions. This decision was made during the Federal Open Market Committee's (FOMC) announcement to maintain current interest rates. Forward guidance typically involves the central bank sharing insights about its anticipated future monetary policy direction.
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Federal Reserve Chair Kevin Warsh announces shift away from forward guidance
Federal Reserve Chair Kevin Warsh announced on June 17, 2026, that the central bank will no longer provide forward guidance about its future monetary policy actions. This change was revealed during the FOMC's decision to keep interest rates steady.
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Federal Reserve shifts away from forward guidance under new chief Kevin Warsh
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Federal Reserve Chair Kevin Warsh announces shift away from forward guidance