Paul Tudor Jones says Warsh is unlikely to push Fed rates lower

Investor Paul Tudor Jones said on Thursday that incoming Federal Reserve Chair Kevin Warsh is unlikely to deliver interestrate cuts. Jones argued that Warsh may even need to consider higher rates, depending on the data. The comments came during a CNBC interview as the Fed faces a more divided policy backdrop than it has seen in decades. The central bank recently logged the most dissents in nearly 34 years, with some regional presidents objecting to language that suggested further cuts could still be possible. Jones said the policy environment is being shaped by a stable labor market, ongoing tariff effects, and inflation that remains above the Fed’s 2% target. Market pricing now suggests the Fed could hold rates steady through the year, with traders assigning only limited odds to either a cut or a hike.