It was a fairly straight-forward day in terms of 'what happened and why' in financial markets. The cosnensus ahead of Warsh was that he wouldn't offer much of a steer on rates and lean into ambiguity ...
The S&P 500 is at the lows of the day, down 21 poitns to 7709 in a reversal from the initial Fed reaction. There is a rumor going around that Warsh repeatedly referenced 'hikes' in his text to mess ...
Kevin Warsh cultivated a sense that he wasn't going to offer much on rates or the economic outlook and that created a backlash that he would be opaque. Instead, we got a guy who repeatedly hammered ...
Hammack spoke yesterday so this is a repeat. Warsh speaks at 10 am ET. Inflation will end year around 3% Does not see restrictive financial conditions Communicating Fed issues to public is part of the ...
Treasury Secretary Bessent will press G20 counterparts at a US-hosted meeting to cut Iran ties or risk exclusion from the dollar system, while pursuing growth and trade imbalance goals, a US official ...
Kansas City Fed President Jeffrey Schmid maintained his hawkish stance arguing that current interest rates are not restraining economic activity and reiterating Fed's goal of returning inflation to ...
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