Fed September Hike Odds Spike to 59% After Warsh’s Hawkish Jackson Hole Speech
Fed hike odds jumped to 68% after Kevin Warsh warned inflation remains too high and financial conditions are not restrictive.
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Why It Matters
A Fed official said inflation is still too high, so more people think the Fed might raise interest rates again in September. When the Fed raises rates, borrowing money costs more for everyone, which can affect how companies and stocks perform.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
Disclosure: Educational and informational purposes only — not financial advice. We educate, not advise. Market data may be delayed up to 15 minutes unless marked real-time. Past performance is not indicative of future results.