Yerbol Orynbayev and Ben Ayers preview the FOMC rate decision and Powell’s press conference. Yerbol highlights inflation on the rise and a weakening job market and says consensus is they will pause on rate moves. Ben sees conflicting signals in the economy and expects a split consensus among the Fed around a rate move. They discuss Kevin Warsh’s potential takeover of the Fed Chair position and how he might react to the economy.

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