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Fed Not Done Hiking Rates Yet | Dayton News
Fed Chair Kevin Warsh stunned markets at Jackson Hole by signaling the Fed isn’t done hiking rates—warning inflation still lingers above target and must be tamed before any pause. His blunt stance sent stocks tumbling and boosted odds of a September rate hike to 57%. While jobs remain strong, Warsh’s focus on stubborn 3.7% inflation puts him at odds with White House pressure, championing Fed independence and cautioning against overpromising future moves in today’s volatile economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on…
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