Traders bet on October interest-rate hold after Kevin Warsh is tight-lipped at conference
Federal Reserve Chair Kevin Warsh stayed mum Friday on the path for interest rates, even after hot inflation data this week – which traders took as a sign officials will hold rates steady this month.
Reports & sources
Bloomberg
Warsh Boosts Market Expectations of Fed Rate Hold in October (opens Bloomberg)Bloomberg's feed description
Financial Times
Dollar weakens as Fed’s Warsh declines to hint at October rate rise (opens Financial Times)Financial Times's feed description
Axios
Warsh signals steady Fed outlook despite inflation jump (opens Axios)Axios's feed description
New York Post
Traders bet on October interest-rate hold after Kevin Warsh is tight-lipped at conference (opens New York Post)New York Post's feed description