Fed Chair Warsh declared an end to rate guidance at the ECB Sintra Forum, telling investors to read economic data instead of the Fed for policy signals. "We'll meet in four weeks — I hope for a real family-style debate," Warsh said, arguing forward guidance distorts market signals and deprives the central bank of valuable information. He noted inflation risks have eased over the past four weeks and that AI is reshaping the economy at an unprecedented pace — but its ultimate effects must be determined by data, not assumptions.
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