Warsh said in Jackson Hole that even though recent inflation readings have been "better than expected, they do not tell me that underlying trends have meaningfully improved."
Demian Bio
Aug 28, 2026
"While this summer's PCE and CPI readings were better than expected, they do not tell me that underlying trends have meaningfully improved," Warsh said in Jackson Hole.
Demian Bio
Aug 28, 2026
Treasury moves to support the long end of the bond market helped fuel Bitcoin's latest advance, but crypto traders are now focused on what Warsh says about inflation, rates and financial innovation.
Merin Rebecca Thomas
Aug 27, 2026
"I believe that we've been in an inflationary situation for more than five years. It's been running well above our target," Hammack said in Jackson Hole.
Demian Bio
Aug 27, 2026
Jeffrey Schmid, who does not vote on FOMC decisions this year, stopped short of calling for a rate hike.
Demian Bio
Aug 27, 2026
The Supreme Court in June blocked Trump's attempt to remove Cook immediately and sent the case back to lower courts.
Demian Bio
Aug 27, 2026
Investors are unsure whether Warsh will follow the tradition of informing investors on future monetary policy at his Jackson Hole debut.
Matias Civita
Aug 27, 2026
Warsh's Jackson Hole speech will put him under scrutiny over the Fed's independence from President Donald Trump's administration.
Matias Civita
Aug 27, 2026
Expectations of a rate hike now stand above 40%, compared to 39.6% on Tuesday and 33.1% last week, according to the CME Group's Fed Watch tool.
Demian Bio
Aug 26, 2026
The core personal consumption expenditures price index gained 0.2% last month and clocked in at 3.3% for the year.
Demian Bio
Aug 26, 2026
Billionaire investor Stanley Druckenmiller has emerged as one of the most prominent critics of the Treasury's expanding intervention in the bond market.
Matias Civita
Aug 26, 2026
While Bessent has tools that can affect the supply and structure of government debt, a sustained attempt to push Treasury yields lower could eventually require cooperation from the Federal Reserve.
Matias Civita
Aug 24, 2026
"Many participants assessed that policy tightening would likely be necessary if inflation did not decline," reads a summary of the meeting.
Demian Bio
Aug 19, 2026
The U.S. dollar is still up for the year, but currency strategists are questioning whether its recent strength can last.
Merin Rebecca Thomas
Aug 19, 2026
Expectations for an interest rate hike from the Federal Reserve decreased even further after wholesale inflation remained flat in July.
Demian Bio
Aug 13, 2026
The enormous cost of building the infrastructure needed to power it may be adding to inflation before those promised productivity gains arrive.
Matias Civita
Aug 13, 2026
Expectations that the Fed will hold interest rates unchanged in its September meeting increased on Wednesday after the July inflation rate was in line with estimates.
Demian Bio
Aug 12, 2026
The Dow Jones consensus forecast calls for headline CPI to rise 0.1% from June, while core CPI, which excludes volatile food and energy prices, is expected to increase 0.2%.
Matias Civita
Aug 12, 2026
Cleveland Federal Reserve president Beth Hammack said more than one interest rate hike could be needed to tame inflation.
Demian Bio
Aug 11, 2026
The Fed has held its benchmark interest rate steady throughout 2026 as policymakers weigh persistent inflation against signs that the labor market and broader economy are losing momentum.
Matias Civita
Aug 11, 2026
Bank of America chief investment strategist Michael Hartnett recommended that investors reduce exposure to risk assets or shift allocations toward more defensive investments, longer-duration assets and the U.S. dollar.
Matias Civita
Aug 10, 2026
Traders increased their bets that the Fed won't hike interest rates in September following a weak jobs report.
Demian Bio
Aug 07, 2026