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Fed Hike Odds Surge as Warsh Unleashes Hawkish Warning

Prediction markets and interest rate futures now point to a growing likelihood that the Federal Reserve will raise rates in September, reversing expectations from just weeks ago after officials struck a more hawkish tone. The Federal Open Market Committee voted 9 to 3 to keep the target range unchanged. Fed Chair Kevin Warsh addressed the…

Kevin WarshPrediction markets and interest rate futures now point to a growing likelihood that the Federal Reserve will raise rates in September, reversing expectations from just weeks ago after officials struck a more hawkish tone. The Federal Open Market Committee voted 9 to 3 to keep the target range unchanged. Fed Chair Kevin Warsh addressed the […]

Source: https://news.bitcoin.com/finance/fed-hike-odds-surge-as-warsh-unleashes-hawkish-warning/