Why Is Fed Chair Warsh Signaling a Rate Hike Into a Cooling Jobs Market?
Private payrolls grew just 38,000 in August, the slowest since January. Fed hike odds for Sept. 16 barely moved. Warsh is watching inflation.
The job market is slowing down, but the Fed leader is still thinking about raising interest rates because prices are still going up too fast. This means grown-ups watching the market need to pay attention to whether inflation keeps coming down or stays sticky.
Last session drawn · prints held ~15 minutes · licensed exchange data
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.