Fed's New Chapter: Communication, Task Forces, Policy Stance

Kevin Warsh was sworn in as the new Fed Chair on May 22nd. He has emphasized a “new chapter” with more limited guidance, tighter operations, and a more rigorous adherence to a 2% inflation target. Communication has already shifted, multiple independent task forces were launched at the June FOMC meeting, and the July meeting had three dissenters in favor of a 25bps rate hike. What do these changes mean for investors and borrowers? Listen to a lively discussion that considers the impact of changes in communication, shifts in approaches, and what treasury should bear in mind in the second half of 2026 and into 2027.