Fed Chair Warsh signals rate hikes as inflation stays elevated
Federal Reserve Chair Kevin Warsh indicated at Jackson Hole that rate hikes may be needed due to stubbornly high inflation, sparking a market selloff in stocks, bonds, gold, and oil while sending rate hike bets to 57% and bitcoin below $78,000.
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Warsh Says Fed Must Act if Inflation Stays High
Federal Reserve Chair Kevin Warsh signaled the central bank is prepared to act if inflation fails to move clearly and quickly toward its 2% target, while describing the broader US economy as strong. On Bloomberg This Weekend Schwab Center Head of Macro Research & Strategy Kevin Gordon and Allsprings Global Investments Head of Equity Investments Ann Miletti say the remarks provided greater clarity on the Fed’s approach, with upcoming inflation data likely to be critical to whether policymakers...
Read full article →Kevin Warsh spoke – what did we learn? With Torsten Slok
The Fed chair has a plan to tackle inflation
Read full article →Stocks Fall as Warsh Commits to Inflation Fight | Aug. 28 Review & Preview - Barron's
Stocks Fall as Warsh Commits to Inflation Fight | Aug. 28 Review & Preview Barron's
Read full article →Treasury Yields Rise as Warsh Targets Inflation in Jackson Hole Speech — 2nd Update - Morningstar
Treasury Yields Rise as Warsh Targets Inflation in Jackson Hole Speech — 2nd Update Morningstar
Read full article →Kevin Warsh is remaking the central bank into the C-suite
During his Jackson Hole speech, Kevin Warsh emphasized that the Fed should operate more like the private sector. Natalie Behring/Getty Images Kevin Warsh's speeches as Fed chair so far are strikingly corporate-sounding. Warsh is against forward guidance, pro-AI, and introduced new Fed task forces. Critics worry that Warsh's tenure will mean less transparency about interest rates. Kevin Warsh is bringing his Wall Street chops back to Washington. The new head of the central bank — who took th...
Read full article →Bitcoin falls below $78,000 as crypto market faces correction after Warsh’s Jackson Hole comments
Bitcoin and Ethereum extended their declines as crypto markets remained under pressure following Kevin Warsh’s hawkish comments on inflation and US monetary policy. Analysts said elevated leverage and liquidations added to selling pressure, while crypto ETF inflows and gains in US technology stocks offered some support to the broader market.
Read full article →Fed Chair Warsh signals rate hikes may be needed with US inflation stubbornly elevated
JACKSON HOLE, Wyoming (AP) -- Federal Reserve Chair Kevin Warsh said Friday that inflation is still too high and suggested the central bank may have t
Read full article →Fed chief’s inflation warning sets up September showdown
Analysts say Fed chair Kevin Warsh will have to raise interest rates this year if inflation remains well above the central bank's 2% target.
Read full article →Gold plunges as Warsh’s Jackson Hole inflation concerns spark rate hike bets
Read full article →Bitcoin price slips below $78,000 as ‘digital gold’ narrative faces fresh test
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Read full article →1st LD Writethru: Warsh says Fed should focus on prices as U.S. inflation remains above target - The Star
1st LD Writethru: Warsh says Fed should focus on prices as U.S. inflation remains above target The Star
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