Warsh Speech Lifts Hike Odds as Markets Await Data
Warsh's Jackson Hole speech pushed September hike odds to 57% from 35%, according to LSEG data.
What happened
Warsh's Jackson Hole speech pushed September hike odds to 57% from 35%, according to LSEG data.
Why it matters
The two-year Treasury yield rose to 4.34% and the dollar added to gains, but the source does not make a September hike a settled decision.
What to watch
Watch next: incoming jobs and inflation data for whether September hike pricing holds.
Transcript
Warsh's Jackson Hole speech pushed September hike odds to 57% from 35%, according to LSEG data. The two-year Treasury yield rose to 4.34% and the dollar added to gains, but the source does not make a September hike a settled decision. Watch next: incoming jobs and inflation data for whether September hike pricing holds. FreshInsight delivers source-grounded finance briefs for market professionals. Source: Reuters Not financial advice. For information and education only.
Primary sources
Reuters
Distribution
YouTube / eEIJS4wCRDI
Topics
inflation, labor-market, interest-rates, fed, treasury-yields, federal-reserve, us-dollar, finance-shorts, finance-news, hike-odds, jackson-hole, kevin-warsh
Disclaimer
Information and education only. Not financial advice.