Investors Wary After Warsh Speech Fuels Rate-Hike Bets
Some investors are voicing skepticism about mounting speculation that Federal Reserve Chairman Kevin Warsh is poised to raise interest rates. After Warsh reiterated his commitment to bringing down inflation in a highly anticipated speech on Friday, swaps traders see a rate hike as more likely than not at the central bank’s next decision in mid-September. Sarah Hunt, Chief Market Strategist at…
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- Bond investors wary after Warsh speech fuels rate-hike bets financialpost.com
- Should bond investors worry with Warsh running the Fed? marketwatch.com
