Supreme Court ruling and ECB conference set to define Fed chair Warsh's first real tests

US Stock Market: Warsh faces crucial week with court ruling, global debut in focus

Federal Reserve Chair Kevin Warsh faces a Supreme Court ruling Monday on Fed independence and debuts a no-forward-guidance strategy at an international forum, abandoning rate guidance. This data-driven approach reduces rate predictability, increasing volatility in tech valuations and funding costs while potentially becoming a global standard for central bank communication.