Kevin Warsh used his first Federal Reserve press conference on June 17 to emphasize price stability, while the S&P 500 fell 1.2%. The Fed held rates steady after markets had fully priced in that decision. Fed funds futures now show traders pricing in the possibility of a rate hike as early as October. Bitcoin and gold both fell after Warsh’s press conference.
Článok
Warsh Puts Price Stability First as Fed Day Hits Markets
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