Economy·October 25, 2026 at 11:00 AM EDT·1 source
Warsh Tells Traders to Watch the Data. They Still Follow the Fed
Economy
What happened
- On Oct. 14, TD Securities’ Gennadiy Goldberg recommended betting against a Federal Reserve interest-rate hike later in the month.
- Goldberg cited expectations that US inflation would be benign enough to support a hold, alongside Fed officials pushing back against expectations for an imminent move.
Date of recommendation
Oct. 14
Expected policy outcome
a hold
Why it matters
Interest-rate expectations remain highly sensitive to both incoming inflation data and Federal Reserve communication, affecting macro, markets and credit professionals.
What to watch. The much-anticipated US inflation report and subsequent Federal Reserve signals.
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Who is involved
Warsh Tells Traders to Watch the Data. They Still Follow the FedFederal ReserveTD SecuritiesGennadiy Goldberg
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