Fed Chair Warsh signals rate hikes may be needed with inflation still elevated
Warsh said the Fed may need higher rates as recent inflation readings still show price growth above the central bank’s 2% target.
- On Friday, Federal Reserve Chairman Kevin Warsh signaled the Fed has "more work to do" on inflation during his keynote speech at the Jackson Hole economic symposium in Wyoming.
- Traders increased bets on a September rate hike following Warsh's remarks, reversing prior market consensus that favored maintaining the status quo with nearly 70% odds before the speech.
- FedWatch data now shows a nearly 56% chance of a quarter-point hike in September, while Polymarket and Kalshi speculators indicate 49% and 48% odds, respectively.
- Short-Term yields rose sharply, with the 2-year Treasury yield hitting its highest level since late July as investors reacted to the central bank's firm inflation stance.
- The Federal Open Market Committee will determine interest rate policy on Sept. 16, with Warsh cautioning that recent inflation data does not yet suggest "meaningfully improved" underlying trends.
374 Articles
374 Articles
Donald Trump udpegede selv Kevin Warsh efter måneders pres for retiredsættelser. Nu har den nye Fed-chef sendt sandsynligheden for en snarlig amerikansk retestigning strenght i vejret
Kevin Warsh Jackson Hole Speech Raises September Fed Rate Hike Odds
The FINANCIAL – Federal Reserve Chair Kevin Warsh used his first Jackson Hole speech to make clear that persistent inflation could require higher interest rates, pushing financial markets to sharply increase the probability of a September rate hike. Warsh stopped short of promising an increase at the Federal Reserve’s September meeting. But his message was […] The post Kevin Warsh Jackson Hole Speech Raises Odds of September Fed Rate Hike appea…
US President Trump had a clear expectation of the new Fed boss: lower interest rates. But now the signs are in trouble.
Missoulian
Chippewa HeraldWarsh hints at rate hike
JACKSON HOLE, Wyo. — The U.S. central bank will "have work to do" if policymakers don't get the confidence they need that inflation is heading down to 2%, Federal Reserve Chairman Kevin Warsh said Friday, coming closer than he has…
Times West Virginian
Insider PaperFed chair Warsh signals 'work to do' on high US inflation
US Federal Reserve chair Kevin Warsh on Friday offered rare insight into his economic outlook, flagging that high inflation in the world's largest economy was "concerning" and hinting that the central bank may need to act to curb it.
Fed Rate Hike Odds Jump After Warsh Speech, Brazil's Real Slides
The new Federal Reserve chair used his first Jackson Hole speech to put prices first. Latin American currencies and bond curves repriced within hours. The post Fed Rate Hike Odds Jump After Warsh Speech, Brazil’s Real Slides appeared first on The Rio Times.
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