Warsh delivers hawkish Jackson Hole speech, fueling speculation of a September rate hike
Markets now see a 57.4% chance of a September rate hike
Markets now see a 57.4% chance of a September rate hike
BELLINGS Intelligence Score: 72
Why it matters
Warsh's hawkish Jackson Hole speech significantly shifts market expectations toward a September rate hike, directly impacting borrowing costs and credit conditions across markets.