Warsh: Fed focus remains on inflation despite rate hike
Fed Chairman Kevin Warsh said the Fed’s predominant focus will stay on controlling inflation, adding that underlying trends have not meaningfully improved.
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Fed Chairman Kevin Warsh said the Fed’s predominant focus will stay on controlling inflation, adding that underlying trends have not meaningfully improved.
U.S. stock futures fell Tuesday, while Brent crude rose 4.46% to $92.31 a barrel after Trump threatened further strikes against Iran and ruled out nuclear action.
U.S. stocks ended the week mixed as Nvidia’s record results and revenue outlook revived tech sentiment, while stronger inflation data and comments from Kevin Warsh kept September rate-hike expectations in focus.
If you ask institutional investors, the global economy is heading toward a no-landing scenario – growth remains resilient, inflation fears are receding, and recession risk has nearly disappeared from consensus forecasts. Yet the same investors focus on a less conventional threat—the enormous bill for artificial intelli
U.S. stock futures advanced on Monday, as the Dow Jones, Nasdaq 100, and S&P 500 indices rose, following Thursday’s mixed close. The positive moves followed a long Independence Day weekend, which saw the Nasdaq Composite move down amid a decline in semiconductor stocks, even while the Dow Jones index surged to record h