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The most important press conference in finance happens today at 2:30pm ET.
Kevin Warsh. New Fed Chair. First meeting.
Everyone expects rates to hold at 3.50%.
But the rate decision is not the story.
The story is whether Warsh kills the dot plot today.
The dot plot is how the Fed tells markets where rates are going. Remove it and markets go blind. Every AI stock, every growth company, every risk asset gets repriced instantly.
Three Fed members may project rate hikes this year.
The man who called the Warsh Barbell is sitting in the chair today.
Watch 2:30pm ET.