Fed’s Warsh Didn’t Signal a Hike—But Almost Everything Else Sounded Hawkish

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Fed Chair Kevin Warsh stopped short of signaling a September rate hike at Jackson Hole on Friday, but his assessment of economy left little comfort for doves. Warsh said Fed’s 2% PCE inflation objective is a “firm, fixed target” and stressed that price stability is “not self-executing.” With labor market still consistent with full employment […]The post Fed’s Warsh Didn’t Signal a Hike—But Almost Everything Else Sounded Hawkish appeared first on ActionForex.