#FedRateWatch
US Federal Reserve official Kevin Warsh stated that three key developments have altered the Fed's outlook since July:
1️⃣ An economy and labor market stronger than anticipated.
2️⃣ Inflation rates failing to improve sufficiently.
3️⃣ A shift in the assessment of geopolitical risks.
Warsh added that recent inflation data gave him "very little" reason to step back from his concerns.
#FedRateWatch
US Federal Reserve official Kevin Warsh stated that three key developments have altered the Fed's outlook since July:
1️⃣ An economy and labor market stronger than anticipated.
2️⃣ Inflation rates failing to improve sufficiently.
3️⃣ A shift in the assessment of geopolitical risks.
Warsh added that recent inflation data gave him "very little" reason to step back from his concerns.
#FedRateWatch