Warsh indicates Fed could raise rates to cool inflation
Federal Reserve Chair Kevin Warsh signaled on Friday the Federal Reserve is not ruling out an interest rate hike as inflation remains too high. "We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to…
Federal Reserve Chair Kevin Warsh signaled on Friday the Federal Reserve is not ruling out an interest rate hike as inflation remains too high. "We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to…
BELLINGS Intelligence Score: 72
Why it matters
Federal Reserve Chair Kevin Warsh signaling a potential rate hike to cool inflation is a significant monetary-policy signal that could materially shift market expectations for interest rates, directly impacting borrowing costs and credit conditions.
Sources
The Hill Business
Warsh indicates Fed could raise rates to cool inflation
Federal Reserve Chair Kevin Warsh signaled on Friday the Federal Reserve is not ruling out an interest rate hike as inflation remains too high. "We must be confident that underlying inflation is moving to our objective, clearly and at sufficient speed. Otherwise, we have work to…
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Key PointsKevin Warsh recently spoke at the Federal Reserve annual conference in Jackson Hole.
MarketWatch
Fed’s Williams ‘is opening options’ to interest-rate hikes. Why that could be ‘a bad trade.’
Fed watchers say the upcoming jobs report and inflation data are key after seeing signs that Fed Chairman Kevin Warsh would be willing to see interest rates rise.