FOMC Day: What to Expect from Kevin Warsh’s First Fed Meeting Today 💼 All eyes are on Washington today for day two of the June policy meeting. Wall Street widely expects the central bank to hold interest rates steady in the 3.50% to 3.75% range but the real story is the massive regime change brewing behind closed doors. Here is what investors are watching for in today's high stakes debut: The Independence Test: Chairman Warsh faces immediate pressure from the White House for aggressive rate cuts, making today a crucial test of the Fed's political independence. A Divided Committee: Whispers from Washington suggest deep fragmentation among policymakers, with several officials pushing back against any hints of future monetary easing. End of Forward Guidance: Warsh is expected to use today’s press conference to begin dismantling the Fed's traditional forward guidance favoring a less predictable data dependent approach. The "Dot Plot" Focus: Markets will dissect the updated Summary of Economic Projections for clues on whether sticky inflation will force the Fed to keep rates higher for longer. $BTC #warshfirstfomcrateshold