The Fed Is Expected to Hold Rates Steady. Warsh Will Have to Explain Why.

What the coverage shows

Both outlets lead with the expectation that the Fed will hold rates steady, and both frame Warsh as the figure who may need to justify a more hawkish view. The New York Times adds that inflation is moving in the wrong direction while the labor market remains stable, which it presents as support for higher rates. CNBC instead foregrounds market expectations and says that no change is widely anticipated after September’s increase.

Written by Crossfiled from the 2 headlines and extracts below, not from the articles themselves. It describes how the outlets framed this, not what happened. Open any headline for a summary of that article.