Some investors are voicing skepticism about mounting speculation that Federal Reserve Chairman Kevin Warsh is poised to raise interest rates.
After Warsh reiterated his commitment to bringing down inflation in a highly anticipated speech on Friday, swaps traders see a rate hike as more likely than not at the central bank’s next decision in mid-September.
Sarah Hunt, Chief Market Strategist at Alpine Saxon Woods, offers her equity outlook post-Jackson Hole.
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