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Stocks drop as Warsh fans US rate hike bets, crude up on US-Iran strikes
Asian stocks fell Monday as hawkish comments from Federal Reserve boss Kevin Warsh saw investors ramp up bets on a US interest rate hike, while oil prices spiked after a fresh flare-up in the US-Iran…
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zerohedge.com
Hawkish Fed Chair Warsh speech sends yields and dollar higher - Newsquawk US Market Wrap
Fed Chair Warsh sounds hawkish at Jackson Hole, "Fed has more work to do unless confident underlying inflation is moving towards 2% objective"; NFP Annual Revision Prel -79K; UoM…
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economictimes.indiatimes.com
Investors heartened by Warsh inflation talk, still uncertain about Fed action
Federal Reserve Chair Kevin Warsh made it clear that inflation control is a top priority. He suggested that to combat escalating price pressures, interest rate hikes may soon be…
