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The Economic Times
The Economic Times

Kevin Warsh’s inflation message misfires, fuels bets on Fed rate hike

Kevin Warsh’s bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with interest-rate hikes.

Within hours of his press conference following the Fed’s latest policy meeting Wednesday, analysts at JPMorgan Chase & Co. pulled forward their call for a rate hike from the second half of 2027 to this December.

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