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Fed and Warsh under pressure to keep rates higher, despite Trump wishes
Recent reports indicating underlying strength in the labor market are giving the Fed some cover to keep interest rates higher.
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economictimes.indiatimes.com
Fed's Warsh inherits economy increasingly squeezed by inflation
New Fed Chair Kevin Warsh faces a challenging economy. Rising inflation, fueled by the Iran war's impact on energy and goods, is squeezing households. While AI investment boosts…
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washingtonexaminer.com
Fed and Warsh under pressure to keep rates higher, despite Trump wishes
Recent reports indicating underlying strength in the labor market are giving the Fed some cover to keep interest rates higher.
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axios.com
Markets anticipate higher interest rates after strong jobs report
Odds of at least one interest rate increase by year-end rose to 67%, up from 45% last week, according to CME's FedWatch tool.
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cnbc.com
Hot jobs report puts Fed cuts further out of reach as Chair Warsh faces policy tests
Another big jobs report in May has swept aside the possibility of interest rate cuts anytime soon.