Markets begin pricing in rate-hike risk under Warsh Fed
Markets are beginning to price in Kevin Warsh as a Fed chair who would raise rates, reversing the recent easing trend after 175 basis points of cuts over three years. The September FOMC still prices some hike risk, and the Fed often signals policy shifts at Jackson Hole.
Detected & updated continuously · Source: Nebula
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@TU_Crypto_News
Markets are starting to price in Kevin Warsh as a Fed chair who would raise rates, reversing the recent easing trend. The shift follows 175 basis points of cuts over three years, after Jerome Powell lifted rates from 0.25% to 5.5% in 16 months.
@bitfinex
The first Jackson Hole under a new Fed Chair is Friday, and no one knows how he uses it yet. It falls 19 days before a September FOMC that still prices some hike risk, and the Fed often signals shifts here. Crypto moves on rate expectations first, so this is the one to watch. https://t.co/t0TltLDI4y