The Latest Breaking News from Kevin Warsh

US consumers faced more high prices in August as Iran war raised energy costs

Annualized inflation rate was 3.4%, same as July, and core inflation, which omits energy and food prices, rose to 2.4%

The Guardian - US · Sep 11

Aswath Damodaran calls Fed rate debate pointless, says stock market adapts quickly to higher rates

Aswath Damodaran argues that the Federal Reserve’s interest-rate debate is overemphasized, saying corporate earnings and fundamentals will ultimately drive US stocks. Rising Treasury yields, $40 trillion debt and inflation fears remain concerns, but stronger earnings have helped equities remain resilient.

The Economic Times · Sep 11

Inflation report lands amid spiking oil prices, rising interest rates and Fed on fence

Friday’s inflation report is shaping up to be among the most consequential in years

The Independent UK · Sep 11

Trump's latest threat just baffled one and all, but it could turn out to be a major gift to Fed's Kevin Warsh

President Trump’s remarks about US interest rates in relation to trade sparked confusion among market experts. Fed Chair Kevin Warsh, though, can use this opportunity to reinforce his independence. By pushing for a rate hike, Warsh could enhance his reputation and insulate himself from the perception of White House's influence,…

The Economic Times · Sep 8

As Wall Street shifts expectations towards a Fed rate hike, the White House turns up the pressure on Warsh's central bank

"High interest rates put the U.S.A. at a very unfair disadvantage, and I won’t allow that to happen!" Trump wrote on Truth Social.

Fortune · Sep 7

Trump, Aides Clamor To Sway Fed's Policy. Is Kevin Warsh In A Fix?

This is an unusual public clamor by the administration's top aides ahead of a Fed meet. Many of the Trump administration have also called for a rate cut instead. The idea seems to be to facilitate a narrative in which to pressurize the Fed under its new chair Kevin Warsh,…

International Business Times · Sep 6

How will Nifty, Sensex behave on Monday? US Fed rate hike bets, among 4 factors to drive D-Street action

Indian equities may remain volatile as rising crude prices, elevated global bond yields and renewed US rate-hike bets weigh on sentiment. However, strong FPI inflows, resilient GDP growth, better-than-expected earnings and rupee stability offer some support.

The Economic Times · Sep 6

Investors Await Inflation Data, ECB Cues And Oracle Numbers. Rate Trajectory in Focus.

The US will release its August the Producer Price Index report and US Consumer Price Index for August next week.The PPI report will provide details on prices for businesses before these are passed along with the costs to consumers. The reports will give Wall Street and the Federal Reserve a…

International Business Times · Sep 5

'I'll Stop Trading': Donald Trump Threatens Complete Global Trade Ban if the Fed Won't Lower Rates

Trump threatens to halt US trade with deficit countries unless the Federal Reserve cuts rates, escalating his pressure on Chair Kevin Warsh after a stronger-than-expected August jobs report on Friday.

International Business Times UK · Sep 5

Strong jobs report fuels Fed rate hike prospects as Trump escalates rate cut pressure

A stronger US jobs report has raised expectations of a September Fed rate hike, while Donald Trump has stepped up pressure on the central bank to cut interest rates. Markets now await US inflation data, which could determine the Fed's next policy move.

The Economic Times · Sep 4