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US stocks declined, while yields and the dollar were lifted following Warsh's hawkish debut - Newsquawk Daily Asia-Pac Market Open
FOMC kept rates unchanged, removed forward guidance, added emphasis on reaching the inflation target, and provided a hawkish dot plot.
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zerohedge.com
Stock Rally Pauses As Attention Turns To Warsh's First FOMC
“All eyes will remain on the Fed for now and how Kevin Warsh will handle the competing pressures from rising inflation and the prospect of lower energy inflation once the Strait…
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Trump Wanted a Dove. The Market’s Pricing a Hawk.
Some major changes at the Fed... but the math is the same.
