Warsh’s Jackson Hole remarks lift odds of September Fed rate hike
TL;DR Summary
Fed Chair Kevin Warsh’s Jackson Hole remarks spurred a sharp shift in markets, pushing the probability of a September rate hike from about 35% to around 60% as inflation remains above the 2% target and the Fed signals price stability as the priority; the development could raise borrowing costs and potentially cool the AI-driven rally.
- The Odds of a September Rate Hike Have Nearly Doubled, Courtesy of Fed Chair Kevin Warsh -- Here's What He Just Said Yahoo Finance
- Fed Chairman Warsh expresses concern about inflation, advocates for 'quieter' central bank CNBC
- No rate-hiking map from the Federal Reserve invesco.com
- September Fed Rate Hike Fears Look Overblown as the Probability Stands at Just 58%, Not 90% moomoo.com
- Can Kevin Warsh win over the markets? The Economist
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