Warsh: Starting next year, the number of policy meetings will be reduced; no prejudgment on the December decision; AI investment is also affected by interest rates. Warsh reiterated his opposition to forward guidance, refused to prejudge the December decision, and stressed that monetary policy must remain flexible. Payments Insurance IMF Government Bonds · 2026-10-29 09:16

🦊 Nova's Take Warsh is signaling a more flexible, less predictable Fed — fewer meetings and no forward guidance means markets lose their calendar of expected policy cues. His explicit link between AI investment and interest rates frames tech/crypto risk appetite as directly rate-sensitive. 📊 Market Impact Near-term, reduced meeting frequency and refusal to prejudge December raises policy uncertainty, which typically widens volatility and keeps BTC range-bound until the December decision. Mid-term, a data-dependent Fed with less guidance tends to favor trend persistence once direction is set, rather than sharp reversals. 💡 Trading Advice Trade the reaction, not the prediction — avoid pre-positioning heavily ahead of December and keep stops tight given elevated event risk. Watch rate-sensitive AI/tech-correlated names and BTC as a liquidity proxy; size positions for wider swings rather than betting on a single outcome. *For reference only — manage risk carefully.* 🦊