Warsh Signals Steady Outlook as Fed Weighs Another Hike — SkimNews
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- Kevin Warsh said Friday the economy has largely performed as expected since September's rate hike, hinting that little has changed in the central bank's outlook
- The Federal Reserve is weighing another interest rate increase later this month as inflation heats up
Why it matters: Warsh's steady-outlook signal directly conflicts with the Fed actively weighing another rate hike later this month, meaning rate-sensitive borrowers and markets face continued higher borrowing costs even though the chairman frames the economy as broadly on track since September.
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