🚨 FED CHAIR KEVIN WARSH JUST MADE IT CLEAR: THE FIGHT AGAINST INFLATION IS NOT OVER. Key points from the FOMC press conference: • The Fed held rates in a 9–3 vote after a heated internal debate. • Warsh said inflation is still too high and the 2% target is non-negotiable. • The Fed is pulling back from forward guidance and will let markets react directly to incoming data. • Treasury yields have already tightened financial conditions, even without another rate hike. • One soft CPI report will not change policy. The Fed is focused on the broader trend. • The economy and labor market remain solid, while AI investment is driving a major surge in business spending. • A hold does not mean the Fed has paused. Warsh called it “watchful thinking.” • If inflation rises while employment stays strong, the Fed will be more inclined to tighten again. The message was simple: The Fed is not declaring victory, and rate hikes are still on the table.(Crypto Rover)