Warsh Speaks and Rate-Hike Odds Rise
Plus, Hegseth considers another military all-hands and Russians get a small taste of direct democracy.
Plus, Hegseth considers another military all-hands and Russians get a small taste of direct democracy.
BELLINGS Intelligence Score: 74
Why it matters
Kevin Warsh's hawkish speech at Jackson Hole has materially increased market expectations for a Fed rate hike, directly impacting borrowing costs, credit availability, and refinancing decisions across credit markets.
Sources
The Wall Street Journal
Warsh Speaks and Rate-Hike Odds Rise
Plus, Hegseth considers another military all-hands and Russians get a small taste of direct democracy.