{"id":434999,"date":"2026-07-30T01:38:37","date_gmt":"2026-07-29T18:38:37","guid":{"rendered":"https:\/\/www.swingfish.trade\/blog\/market-news\/fed-warsh-the-economy-is-showing-impressive-resilience-we-remain-resolute-to-deliver-price-stability-434999\/"},"modified":"2026-07-30T01:38:37","modified_gmt":"2026-07-29T18:38:37","slug":"fed-warsh-the-economy-is-showing-impressive-resilience-we-remain-resolute-to-deliver-price-stability","status":"publish","type":"post","link":"https:\/\/www.swingfish.trade\/blog\/market-news\/fed-warsh-the-economy-is-showing-impressive-resilience-we-remain-resolute-to-deliver-price-stability-434999\/","title":{"rendered":"Fed Warsh: the economy is showing impressive resilience. We remain resolute to deliver price stability"},"content":{"rendered":"<div>\n<p class=\"PDq2pG_selectionAnchorContainer\">What were levels ahead of the Fed Chair Press conference.\u00a0<\/p>\n<p class=\"PDq2pG_selectionAnchorContainer\">U.S. Stocks<\/p>\n<ul>\n<li>Dow Jones: 51,957.19 (-795.10, -1.51%)\n<\/li>\n<li>S&amp;P 500: 7,392.95 (-35.82, -0.48%)\n<\/li>\n<li>Nasdaq Composite: 24,798.83 (-87.08, -0.35%)\n<\/li>\n<li>Russell 2000: 2,924.86 (-28.94, -0.98%)\n<\/li>\n<li>Nasdaq 100: 27,605.74 (-157.40, -0.57%)\n<\/li>\n<\/ul>\n<p>U.S. Treasury Yields<\/p>\n<ul>\n<li>2-Year: 4.2706% (-0.64 bps)\n<\/li>\n<li>3-Year: 4.3095% (+0.65 bps)\n<\/li>\n<li>5-Year: 4.3820% (+2.10 bps)\n<\/li>\n<li>7-Year: 4.5048% (+2.48 bps)\n<\/li>\n<li>10-Year: 4.6366% (+3.26 bps)\n<\/li>\n<li>20-Year: 5.1554% (+4.14 bps)\n<\/li>\n<li>30-Year: 5.1534% (+3.94 bps)\n<\/li>\n<\/ul>\n<p>Commodities &amp; Bitcoin<\/p>\n<ul>\n<li>WTI Crude Oil: $84.44 (+$5.32, +6.72%)\n<\/li>\n<li>Gold: $4,065.07 (+$36.77, +0.91%)\n<\/li>\n<li>Silver: $58.1162 (+$1.0072, +1.76%)\n<\/li>\n<li>Bitcoin: $64,012 (+161, +0.25%)\n<\/li>\n<\/ul>\n<p>Market Snapshot:<br \/>\nAhead of Kevin Warsh&#8217;s first Fed press conference, equities remained under pressure, led by a sharp 1.5% decline in the Dow. Treasury yields were mixed, with the curve steepening as longer-dated yields moved higher. Meanwhile, oil surged nearly 7% and precious metals advanced, reflecting heightened geopolitical concerns and inflation uncertainty going into the Fed Chair&#8217;s remarks.<\/p>\n<p>Prepared comments from Fed Chair:<\/p>\n<ul>\n<li>Discussion was collegial<\/li>\n<li>The economy is showing impressive resilience even with the recent shocks<\/li>\n<li>the committee remains resolute to deliver price stability. <\/li>\n<li>The committee is a steering clear of forecasting<\/li>\n<li>the 5 years of high inflation has left an impression that is hard to shake that Fed&#8217;s implicit price target was above 2%.<\/li>\n<li>Says that there is no soft target only one target and its 2%.<\/li>\n<li>Inflation cannot be cured in 9 weeks. There was nothing in there about our discussions or strategy<\/li>\n<li>Nominal and real yields are material higher<\/li>\n<li>some of the increases between FOMC meetings are among the most significant in decades.<\/li>\n<li>Markets are paying attention to the ball and not the referee.<\/li>\n<li>Markets will continue to respond in direction and magnitude as they see fit.<\/li>\n<li>The most striking feature is the strong growth in investment.\u00a0<\/li>\n<li>Investment is helping to maintain the growth and laying the groundwork for future growth.<\/li>\n<li>Vigorous discussion centered on 4 questions. 1.\u00a0 Implications on high inflation over the last 5 years.\u00a0 2. Considerd\u00a0the recent economic shocks an effects on output and employment.\u00a0 3.\u00a0 Talked\u00a0about price increases arising from this shocks. Do the changes lead to a broader inflation\u00a0dynamic\u00a0 4. Discussed monetary policy tools and strategies.\u00a0<\/li>\n<\/ul>\n<p>Q&amp;A<\/p>\n<\/p>\n<p>                            This article was written by Greg Michalowski at investinglive.com.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>What were levels ahead of the Fed Chair Press conference.\u00a0 U.S. Stocks Dow Jones: 51,957.19 (-795.10, -1.51%) S&amp;P 500: 7,392.95 (-35.82, -0.48%) Nasdaq Composite: 24,798.83 (-87.08, -0.35%) Russell 2000: 2,924.86 (-28.94, -0.98%)&hellip;<\/p>\n","protected":false},"author":216,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[86],"tags":[],"class_list":["post-434999","post","type-post","status-publish","format-standard","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/users\/216"}],"replies":[{"embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/comments?post=434999"}],"version-history":[{"count":0,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/posts\/434999\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/media?parent=434999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/categories?post=434999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.swingfish.trade\/blog\/wp-json\/wp\/v2\/tags?post=434999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}