FOMC Live Reaction: Is The Fed Making A Policy Error? | Axel Merk

WORRIED ABOUT THE MARKET? SCHEDULE YOUR FREE PORTFOLIO REVIEW with Thoughtful Money's endorsed financial advisors at www.thoughtfulmoney.com/ The Federal Reserve continues to talk a hawkish game But with high bond yields, high oil prices & stubborn inflation, and the need to make the US debt service more bearable, will Fed Chair Kevin Warsh eventually be forced to cut interest rates in 2027? To find out, we had the great good fortune of sitting down for a livestream with Fed watcher Axel Merk today, who not only shared his real-time reaction to today's Fed news, but also took live audience Q&A. #federalreserve #interestrates #inflation 0:00 — Intro 1:34 — Axel's Fed Mentor: Former St. Louis Fed President Bill Poole 4:31 — Axel's Input To Fed Chair Kevin Warsh 7:22 — Fed Holds Rates Steady, With Two Dissents 8:06 — What Axel Didn't Like In The Fed Statement 10:54 — Fewer Statements & Rate Decisions Coming Next Year 12:13 — "Removing A Dose Of Accommodation" 14:00 — Tighter, But Not Tight: A December Rate Hike? 16:29 — Why Warsh Upgraded The Economy To "Strong" 17:55 — The November Productivity Conference 20:27 — What Fed Independence Really Means 22:19 — Strong Growth & Wage-Price Inflation Risk 23:30 — The Bank Of Canada's Rate Hike 25:26 — Oil, Gold & Bond Prices Decoupling 29:11 — Does Warsh Have A Clear Framework? 34:49 — Is The Fed Making A Policy Error? 39:11 — Supply Shocks & The 1970s Lesson 41:27 — Fiscal Irresponsibility & The Next Recession 44:54 — How Much Do Presidents Drive Deficits? 50:01 — California's Proposed Wealth Tax 52:22 — Where Are Home Prices Headed By 2030? 56:28 — Will The World Ditch The Dollar? 1:00:34 — Fragmentation, Not A Rival Reserve Currency 1:07:33 — Gold & Silver: Is A Bottom Near? 1:16:33 — Go Vote _____________________________________________ Thoughtful Money LLC is a Registered Investment Advisor Promoter. We produce educational content geared for the individual investor. It’s important to note that this content is NOT investment advice, individual or otherwise, nor should be construed as such. We recommend that most investors, especially if inexperienced, should consider benefiting from the direction and guidance of a qualified financial advisor registered with the U.S. Securities and Exchange Commission (SEC) or state securities regulators who can develop & implement a personalized financial plan based on a customer’s unique goals, needs & risk tolerance. All the details on Thoughtful Money's relationship with the financial advisors it endorses, many of whom regularly appear on this program, can be found in the following documents. We highly recommend you review these documents as they cover the terms that will apply should you choose to work with one of these firms at any time after watching this video. Thoughtful Money Disclosure Document: thoughtfulmoney.com/disclosure Thoughtful Money Agreement: thoughtfulmoney.com/agreement IMPORTANT NOTE: There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, money market funds, and other types of securities involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. A security’s or a firm’s past investment performance is not a guarantee or predictor of future investment performance. Thoughtful Money and the Thoughtful Money logo are trademarks of Thoughtful Money LLC. Copyright © 2026 Thoughtful Money LLC. All rights reserved.