Will Warsh explicitly say in a press conference that a rate cut is not the Committee's base case?

Warsh's June 17 decision to hold the 3.50 to 3.75 percent range and remove the prior easing bias, combined with the SEP median rising to 3.8 percent and nine participants projecting the year end 2026 rate above the current range, signals that the Committee is not primed for an imminent cut. Historical precedent shows chairs rarely contradict the Committee's latest median projection in public remarks, and the absence of a dovish bias in the June statement further reduces the likelihood of Warsh labeling a rate cut as outside the base case.