Analysis: Everyone expects the Fed to hold rates in October. Kevin Warsh could surprise us all
Investors expect the Fed to pause rate hikes in October, but Kevin Warsh's rejection of traditional communications practices and continued concern about…
According to CNBC, investors expect the Fed to pause rate hikes in October, but Kevin Warsh's rejection of traditional communications practices and continued concern about inflation leave the decision uncertain.
This business story centres on the United States. Names and organisations mentioned in the coverage include Fed and Kevin Warsh.
Why it matters
Business and economic news can ripple through prices, jobs, investments and household budgets.
Key details
- Location
- United States · Americas
- Reported by
- CNBC
- First reported
- Key names
- Fed, Kevin Warsh
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
Read the full story at CNBCSpotted an error? Request a correction · How this summary was produced
Related Stories
Economists: Hot PPI shows Fed's work is not done
'We see real risks the Fed will deliver another rate hike in two weeks' time,' one Fedwatcher warns.
US inflation rises before midterm elections, fuelling rate hike fears
Economists divided on Fed rate hike as inflation creates uncertainty before US midterm elections in a tense market.
Treasury's Bessent hires Trump's controversial former Fed board pick, Judy Shelton, as advisor
Shelton's controversial economic ideas led the Senate to block her nomination to the Fed.
Buss siblings' filing challenges Jeanie's petition to oust them as trustees
The legal jostling between five of the Buss siblings against their sister, Lakers acting governor Jeanie Buss, continued Friday with an additional…
Why Trump and the GOP's billion-dollar midterm blitz isn’t working
Trump-aligned groups and Elon Musk have poured hundreds of millions into the midterm election, but the GOP spending surge has barely moved polls or…
U.S. presses China on Mastercard, Citigroup market access in bilateral Bangkok talks, official says
The U.S. raised market access issues for Mastercard and Citigroup in China during bilateral meetings in Bangkok this week, a U.S. Treasury official…
Schwab to create 'tax-aware' strategy that's been attracting billions from wealthy investors
Wealthy investors are flocking to tax-aware long short strategies, adding billions into these super-powered versions of tax-loss harvesting accounts.
What we want to see when Capital One and Meta report earnings next week
The Investing Club holds its "Morning Meeting" every weekday at 10:20 a.m. ET.