Warsh Faces His First Real Inflation Test

Kevin Warsh is heading into his second Fed meeting with markets unusually divided over whether the Fed will hold steady or raise rates.Mike Armstrong and Chuck Zodda break down why this week’s Fed meeting matters, how Warsh could build credibility on inflation, and why markets are less certain about the Fed’s next move than they have been in years. They also discuss the packed earnings calendar for Microsoft, Meta, Apple, and Amazon, what investors want to hear about AI spending, why grocery prices rise quickly but rarely fall, and why lower prices across the economy are usually a warning sign rather than a benefit. Plus, they look at hiring trends, Gen X investors approaching retirement, shrinking child populations in major cities, and the debate over whether companies should still be required to report earnings every quarter.