Outlook

Kevin Warsh Turns Hawkish: September Rate Hike Odds Jump to 55%

Federal Reserve Chair Kevin Warsh delivered a hawkish message at Jackson Hole, warning that the Fed still has “work to do” if underlying inflation does not move toward its 2% target clearly and quickly. He also argued that current financial conditions may not be restrictive enough, keeping further rate increases on the table. Markets reacted sharply. According to the latest CME…
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Scott Bessent Signals Possible Hormuz Deal This Week.

U.S. Treasury Secretary Scott Bessent said there is a possibility that an agreement to restore “freedom of movement” through the Strait of Hormuz could be reached as early as Tuesday or Wednesday. However, he emphasized that negotiations are still ongoing and…
Outlook

U.S.-Iran Pause in Fighting Sparks Hope for Peace Talks

Global markets welcomed signs of de-escalation after the United States and Iran paused military attacks, giving diplomatic efforts a chance to move forward. The temporary halt has raised hopes that negotiations could reduce tensions in the Middle East and improve security…
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Waller Flags Next Inflation Report as Crucial

Federal Reserve Governor Christopher Waller said that another high inflation reading would be an important signal that price pressures remain persistent. If upcoming inflation data comes in stronger than expected, it could reinforce the Fed’s cautious approach to…