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Warsh’s Hawkish Fed Talk, 5% Policy, Sparks WarshGPT

7/19/2026

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Story summary
  • The Federal Reserve (Fed) issued a 130-word statement in June 2026 under Chair Kevin Warsh.
  • Kevin Warsh’s press conference spent only 5 % of time on policy, compared with 27 % under Jerome Powell.
  • UBS strategist Elena Amoruso called the remarks hawkish, saying a Fed word can move the dollar.
  • F/m Investments built WarshGPT with Claude AI in two weeks for $1,000, which does not produce forecasts.