Fed Signals Cautious Pace on Further Rate Hikes, Warsh Mum on Guidance

Federal Reserve communications indicate a couple more rate hikes are likely but not imminent, reflecting a cautious recalibration rather than aggressive tightening amid robust growth and inflation. Chairman Kevin Warsh's lack of guidance leaves traders parsing consistent messaging from other officials. The key uncertainty is the timing and magnitude of the next moves, which will shape rate expectations.