Warsh Warns Inflation Fear Returns, September Hike in Play
Renewed inflation concern has made a September rate hike harder to dismiss, with Mr. Warsh seen as uneasy about the shift even though CME pricing has not caught up.
Mr. Warsh is described as unhappy this week after inflation fears resurfaced. The change has raised questions about whether a September rate hike can be delayed, something that only days ago appeared more likely.
CME betting odds do not yet show the move as fully priced. The update highlights how quickly rate expectations can shift when inflation concerns return to the foreground.
Source: FXStreet Forex News