Fed Chair Kevin Warsh’s hawkish stance is reinforcing expectations for a relatively tighter Federal Open Market Committee (FOMC) posture at the September meeting. The shift raises the probability of firmer near-term rate pressure, which is typically a headwind for rate-sensitive assets.
Fed Chair Kevin Warsh’s hawkish stance is reinforcing expectations for a relatively tighter Federal Open Market Committee (FOMC) posture at the September meeting. The shift raises the probability of firmer near-term rate pressure, which is typically a headwind for rate-sensitive assets.
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mildly negative
Sentiment Score
-0.25