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REGULATION · FLASHWarsh signals tighterpolicy ahead

Fed Chair Warsh signals hawkish stance at Jackson Hole, lifting rate-hike odds for September

flash · 2 sources
2 independentfirst seen published latency 17 min

Fed Chair Kevin Warsh delivered remarks at Jackson Hole that analysts interpreted as hawkish, lifting market odds for a rate increase at the Federal Open Market Committee’s September meeting, according to CNBC.

The speech may position the Fed at odds with the Treasury Department, per analyst commentary. Stock index futures remained flat following the remarks, according to MarketWatch.

Sources: MarketWatch, CNBC

This article is for information only and is not financial advice.

Tags: FederalReserve, RateHike, Monetary Policy

US Department of the Treasury Federal Reserve

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