B · Normal
["Fed Speaker": Friday's inflation report is the key to whether the Fed will raise interest rates] September 10th, "New Fed News Agency" Nick Timiraos said that Warsh's speech in Jackson Hole made investors believe that an interest rate increase is more likely, but he did not tell them what would trigger an interest rate increase. The market filled in the information gap and now expects a rate hike that Warsh never committed to. As a result, Friday's inflation report is seen as key to deciding whether to raise interest rates, a method of decision-making that Warsh has opposed for years.
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