Bloomberg Surveillance

Bloomberg's Lisa Abramowicz and Scarlet Fu discuss remarks from Fed Chair Kevin Warsh following the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.

Warsh vowed to restore price stability following his first policy meeting since taking the helm of the US central bank, after officials left interest rates unchanged and signaled growing support for rate hikes this year.

“Persistently high prices are a burden for the American people, but the recent past need not be prologue,” Warsh said in his debut press conference as chairman. Officials “are unambiguous and unanimous. This committee will deliver price stability.”
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Bloomberg's Lisa Abramowicz and Scarlet Fu break down the Federal Reserve's latest policy decision on a special edition of Bloomberg Surveillance.
Federal Reserve officials left interest rates unchanged and were split over whether they expect to raise rates this year.
Policymakers’ new projections indicated nine officials foresee at least one quarter-point hike this year, with six anticipating at least two. Another nine expected no move or a cut.
Notably, only 18 officials out of 19 entered their projections for rates at the end of 2026. The absence of an entry suggests new Chairman Kevin Warsh, who has been critical of so-called forward guidance, declined to submit a rate forecast.
In its first gathering under Warsh’s leadership, the Federal Open Market Committee voted unanimously Wednesday to hold its benchmark federal funds rate in a range of 3.5% to 3.75%.
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Featuring:
George Goncalves, Managing Director & Head: US Macro Strategy at MUFG
Steven Cook, Senior Fellow: Middle East & Africa Studies at Council on Foreign Relations
Eric Rosengren, Former Federal Reserve Bank of Boston President
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The latest in finance, economics and investment.
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Bloomberg Surveillance hosted by Tom Keene & Paul SweeneyWednesday, June 17, 2026
Featuring:

1) Robert Kaplan, Vice Chairman at Goldman Sachs, talks about Kevin Warsh's first meeting as Fed chair, markets, and the US economy.
2) Mike Wilson, Chief US Equity Strategist & CIO at Morgan Stanley, talks his S&P target and how the Fed's decisions could ripple through markets in 2026.
3) Greg Peters, Co-CIO at PGIM Credit, discusses bond market moves and what it could signal today after the Fed meeting.
4) Raj Goyle, candidate for NY State Comptroller, talks about his candidacy, challenging Thomas DiNapoli, and state financial oversight.
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Featuring:
Victoria Fernandez, Chief Market Strategist at Crossmark Global Investments
Torsten Slok, Chief Economist at Apollo Global Management
Ariana Salvatore, Head of US Public Policy Research at Morgan Stanley

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