🚨 WARSH EXPLAINS WHY THE FED RESORTED TO A RATE HIKE
Fed President Kevin Warsh says that three key developments changed the Fed’s outlook since July: a stronger economy and labor market, inflation that has not improved enough, and an altered assessment of geopolitical risks.
Warsh said that recent inflation data gave him “very little” reason to reverse his concerns.
Fed President Kevin Warsh says that three key developments changed the Fed’s outlook since July: a stronger economy and labor market, inflation that has not improved enough, and an altered assessment of geopolitical risks.
Warsh said that recent inflation data gave him “very little” reason to reverse his concerns.

