TREE NEWS update: Kevin Warsh, Trump’s pick for Fed chair, reiterated a firm 2% inflation target at Jackson Hole on Aug 28, saying data show no meaningful improvement. Markets repriced quickly, with prediction markets now implying about 56% odds of a 25bp hike on Sep 16, up from roughly 30%. Trump voiced respect for Warsh, signaling he remains an inside ally.
Warsh signals hawkish at Jackson Hole; rate hike odds jump
Share on WeChat
Open WeChat → Scan → then tap "…" to send to a chat or Moments.
Tap "…" in the top-right corner to send to a chat or share to Moments.
Related News
4m ago
Emerging Market FX Index Rises for 10th Straight Week
43m ago
Fed: US Bank Deposits Rise to $19.559T
52m ago
S&P 500 sector moves: consumer discretionary falls 1.26%, tech up 0.23%
57m ago
Trump Downplays Iran Conflict as ‘Small’ for US
1h ago
US Jobs Report Knocks Bitcoin Below $81,000
1h ago
CFTC: COMEX gold net longs fall to 4-week low