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Warsh’s Move Could Ease Rate Anxiety | San Antonio News
Fed Chair Kevin Warsh takes center stage at Jackson Hole as markets brace for his inflation strategy—despite cooling June-July numbers, inflation still hovers at 3.7%, far above the 2% target. Wall Street bets on a December rate hike, while Trump pushes for lower rates and seeks to reshape the Fed board. With long-term rates hitting 19-year highs due to deficits and AI-driven borrowing, Treasury Secretary Bessent even tried buying back bonds to cool yields. All eyes are on Warsh to see if he can ease market nerves and steer policy forward. Listen in comfort:Get a discount on a Soli Pillow…
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