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Warsh States Balance Sheet Approaches Fiscal Policy Territory
Former Fed Governor Kevin Warsh suggests that the central bank's balance sheet expansion is nearing the scope of fiscal policy, highlighting concerns over the blurring lines between monetary and fiscal actions. This perspective raises questions about the future role and limits of central bank interventions.
Date:
01.07.2026 |
Source:
FOR-EX.NEWS
Quotes
| Instrument | Price | Change (%) |
|---|---|---|
| EURUSD | 1.137720 | -0.42675% |
| GBPUSD | 1.327370 | +0.11842% |
| USDJPY | 162.570000 | +0.013534% |
| XAUUSD | 4062.035000 | +1.36019% |
| USDCAD | 1.421700 | +0.15569% |
| NZDUSD | 0.567140 | -0.16067% |
| USDCHF | 0.809300 | +0.19685% |
| AUDUSD | 0.689500 | -0.37414% |
| EURGBP | 0.857090 | -0.45644% |
| EURJPY | 184.960000 | -0.35664% |
| GBPJPY | 215.793000 | +0.13736% |
| AUDJPY | 112.090000 | -0.25362% |
| CADJPY | 114.348000 | -0.11705% |
| CHFJPY | 200.875000 | -0.14615% |
| NZDJPY | 92.193000 | -0.071538% |
| GBPCHF | 1.074130 | +0.28195% |
| EURCHF | 0.920760 | -0.22107% |
| USDMXN | 17.557100 | +0.46981% |
| USDZAR | 16.415070 | +0.27287% |
| USDTRY | 46.657700 | +0.0298% |
| USDRUB | 77.501400 | -1.52% |
| USDSEK | 9.730270 | +0.36255% |
| USDCNY | 6.778700 | -0.086961% |
Upcoming Important Events
| Time | Country | Event | Forecast | Previous |
|---|---|---|---|---|
| 02.07.2026 | ||||
| 01:30 | 🇦🇺 | Balance of Trade (May) | 2.2 | 1.791 |
| 12:30 | 🇺🇸 | Non Farm Payrolls (Jun) | 110 | 172 |
| 12:30 | 🇺🇸 | Unemployment Rate (Jun) | 4.3 | 4.3 |
| 06.07.2026 | ||||
| 14:00 | 🇺🇸 | ISM Non-Manufacturing PMI (Jun) | 54.5 | |
| 14:00 | 🇺🇸 | ISM Non-Manufacturing Prices (Jun) | 71.3 | |
| 14:00 | 🇺🇸 | ISM Services PMI (Jun) | 54 | 54.5 |
| 07.07.2026 | ||||
| 14:00 | 🇨🇦 | Ivey PMI (Jun) | 50 | 58.2 |
| 08.07.2026 | ||||
| 18:00 | 🇺🇸 | FOMC Minutes | ||
| 09.07.2026 | ||||
| 01:30 | Inflation Rate YoY (Jun) | 1.2 | 1.2 | |
| 14:00 | 🇺🇸 | Existing Home Sales (Jun) | 4.07 | 4.17 |