Mmastodon BusinessMarkets first seen 3 h ago, last 3 h ago, peak #12
Kevin Warsh comments lift October Fed rate hike expectations
Original: ⚡ NEWS Kevin Warsh's Statement Shifts Fed Rate Hike Expectations Federal Reserve Governor Kevin Warsh's pledge for price
Federal Reserve official Kevin Warsh pledged a strong commitment to price stability, prompting markets to sharply raise expectations of an October rate hike. Odds of a move jumped from 43% to 64%, and the shift coincided with movement in the 10-year Treasury yield, as investors recalibrated the outlook for monetary policy.
Why now: His remarks moved rate expectations and Treasury yields, directly affecting markets.
Kevin WarshFederal Reserve10-year Treasury
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/18204