Warsh Faces First Big Test at Fed

沃什面临美联储的首次重大考验

WSJ What’s News

2026-06-17

11 分钟
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A.M. Edition for June 17. The Federal Reserve has trained markets to hang on its every word, but new chairman Kevin Warsh would rather it say less and let the economic data do the talking. WSJ chief economics correspondent Nick Timiraos tells us what to expect. Plus, the Trump administration expands its antifraud campaign to state unemployment programs. And we’ll take a bite of the only Gentleman’s Relish we could get our hands on. Luke Vargas hosts. Sign up for the WSJ’s free What’s News newsletter. Check out the latest What’s News Sunday episode on how health insurance could be a deciding issue in Georgia’s midterms in November. Learn more about your ad choices. Visit megaphone.fm/adchoices
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  • IBM.

  • All eyes are on Fed Chairman Kevin Warsh ahead of his first interest rate decision today,

  • though he'd prefer that they weren't.

  • His view is that the Fed has trained markets to hang on its every word,

  • and he'd rather it say less and let the economic data do the talking.

  • Plus, the Trump administration expands its anti-fraud campaign to state unemployment programs

  • coast to coast will take a bite of the only gentleman's relish we could get our hands on.

  • It's Wednesday, June 17th.

  • I'm Luke Vargas for The Wall Street Journal,

  • and here is the AM edition of What's News, the top headlines and business stories moving your world today.

  • Fed Day, and not just any Fed Day.

  • As new chairman, Kevin Warsh prepares for his first rate decision in press conference.

  • Kevin Warsh has been clear for years that he thinks that Fed talks too much.