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Breaking·8 days ago
Central Banks

Warsh’s Jackson Hole Remarks Boost US Rate Hike Bets

During the Jackson Hole symposium on August 31, Fed Chair Kevin Warsh signaled the possibility of future interest rate hikes. These hawkish remarks revived market bets for a rate increase in September. Additionally, U.S. economic data revealed that inflation and GDP met expectations, while durable goods orders exceeded forecasts.

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