Ben's Market Insights - NVIDIA Unleashed

Ben's Market Chat - Insights and Interviews · Sep 4, 2026 · 10m

Warsh was exceptionally hawkish at the Jackson Hole symposium last week suggesting that the “Fed still has work to do”. Still, we don’t believe that the FOMC will raise in Sept. There are supporting economic factors including slowing GDP & slowing employment but more likely, so close to the mid-terms, it’s unlikely that the Fed will want to appear to be choosing sides. If a raise were to occur, the timing is would be year-end or Q1 '27. Whilst most economists assume the next move is a hike, the currency markets don’t appear to be supporting this given the DXY remains 3-4% below its June…