Trump Pressures Warsh as Fed Rate-Hike Decision Nears
Political pressure is building ahead of the Fed’s September meeting, putting interest rates, Treasury yields and central-bank independence in focus.
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Fed Rate-Hike Odds Jump After Warsh’s Jackson Hole Speech
Traders now see a 57% chance of a September Fed hike after Kevin Warsh’s speech, putting bond yields, stock valuations and the dollar in focus.