WORLDMichigan Senate primary in focus as El-Sayed contests socialist label ahead of August 4 voteJul 31ENERGYExxonMobil and Chevron Q2 profits surge as Iran war pushes oil prices higherJul 31WORLDSpace Force triples NSSL contract ceiling to $17 billion as total launch demand reaches $30 billionJul 31MACROSumitomo Mitsui Financial Group logs ¥131.59 GAAP EPS on ¥2.85 billion in revenueJul 31MACROStrait of Hormuz closed to vessels lacking Iranian permit, IRGC statesJul 31EARNINGSFed communication pullback under Warsh is already backfiring, traders warnJul 31MACRONasdaq 100 futures lead U.S. pre-market advance at 1.2%, running well clear of S&P 500 and Dow contractsJul 31MARKETSShein's three-year IPO wait puts $40 billion-plus valuation in question as growth slowsJul 31DEALSDTM sets $0.88 quarterly cash dividend, September 21 ex-dateJul 31CRYPTOAltseason is narrowing: Wintermute puts institutional OTC share at 72% for first-half 2026Jul 31WORLDMichigan Senate primary in focus as El-Sayed contests socialist label ahead of August 4 voteJul 31ENERGYExxonMobil and Chevron Q2 profits surge as Iran war pushes oil prices higherJul 31WORLDSpace Force triples NSSL contract ceiling to $17 billion as total launch demand reaches $30 billionJul 31MACROSumitomo Mitsui Financial Group logs ¥131.59 GAAP EPS on ¥2.85 billion in revenueJul 31MACROStrait of Hormuz closed to vessels lacking Iranian permit, IRGC statesJul 31EARNINGSFed communication pullback under Warsh is already backfiring, traders warnJul 31MACRONasdaq 100 futures lead U.S. pre-market advance at 1.2%, running well clear of S&P 500 and Dow contractsJul 31MARKETSShein's three-year IPO wait puts $40 billion-plus valuation in question as growth slowsJul 31DEALSDTM sets $0.88 quarterly cash dividend, September 21 ex-dateJul 31CRYPTOAltseason is narrowing: Wintermute puts institutional OTC share at 72% for first-half 2026Jul 31

As the Warsh Fed Convenes, a December Rate Cut Looks Like a Mistake

Six months after the Federal Reserve cut interest rates for a third straight meeting, the data since then suggests the move was a mistake. As the Kevin Warsh Fed prepares for its first policy decision next week

By StaffMacro DeskJune 16, 20262 min read
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