Macro· ★★★· neutral·

Warsh: Neutral Rate Is Not a Guide for Fed Rate Decisions

  • —Warsh: neutral rate is academically useful but not a guide for Fed decisions
  • —Fed raised rates 25 bps to a 3.75–4.00% target range
  • —Median fed funds forecast is 4.1% for end-2026 and end-2027, 3.2% longer run
  • —Next FOMC meeting is set for Oct. 27–28
Why it matters: The signal of flexibility on the neutral rate shapes expectations for further tightening and for risk assets, including crypto.
Source: TokenPost
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