06/22/2026
Why I’m Not Buying The Headlines
Media Has It Wrong, IMO As expected, the Fed left rates unchanged for the fourth consecutive meeting last week. It was also the first meeting under new Fed Chair Kevin Warsh. When the Fed meeting ended, most of the headlines immediately focused on the quarterly "Dot Plot" report, which is simply the Fed members' best guesses about where interest rates may go in the future....
Media Has It Wrong, IMO As expected, the Fed left rates unchanged for the fourth consecutive meeting last week. It was also the first meeting under new Fed Chair Kevin Warsh. When the Fed meeting e…