WS #13542
Warsh ditching Fed rate guidance lifts Treasury volatility, dollar hedging costs jump; futures price 54% chance of September hike; Fed Governor Cook ready to act if inflation persists.
Fed Hawkish Shift and Rate Hike Odds
Warsh ditching Fed rate guidance lifts Treasury volatility, dollar hedging costs jump; futures price 54% chance of September hike; Fed Governor Cook ready to act if inflation persists.