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Market Impact: 0.6
What Warsh Didn't Say Matters More
Source: seekingalpha.com
Monetary PolicyInflationInterest Rates & YieldsInvestor Sentiment & Positioning

Kevin Warsh’s Jackson Hole comments point to less Fed forward guidance, raising near-term uncertainty and the probability of volatility. Given inflation remains above target and profits are growing robustly, the note argues for a higher likelihood of rate hikes (vs cuts) in the near term.
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