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Fed’s Inflation Focus Shifts Markets | Charleston News
Fed Chair Kevin Warsh signals more inflation-fighting ahead, warning markets that until prices cool to 2%, the central bank won’t relent—even as job numbers stay strong. His hawkish stance sent stocks lower and boosted odds of a September rate hike to over 50%. Warsh, emphasizing Fed independence, also plans to ditch rigid forward guidance, opting for flexible, nuanced communication to avoid misleading markets in an ever-shifting economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:advertise@thednn.ai This is an automated, high-level…
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