Markets are set for a much more hawkish Warsh Fed than expected
Servicii bancare
Federal Reserve Chairman Kevin Warsh's tough talk on inflation Wednesday reverberated through financial markets, with traders expecting that the central bank could start jacking up interest rates in just a few months. Tapped to serve by President Donald Trump , who has repeatedly demanded lower rates, Warsh during a news conference instead focused on the battle against inflation, which has run above the Fed's official 2% target for five years. "Persistently high prices are a burden for the
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