Fed’s Inflation Focus Shifts Markets | Charleston News

Fed Chair Kevin Warsh signals more inflation-fighting ahead, warning markets that until prices cool to 2%, the central bank won’t relent—even as job numbers stay strong. His hawkish stance sent stocks lower and boosted odds of a September rate hike to over 50%. Warsh, emphasizing Fed independence, also plans to ditch rigid forward guidance, opting for flexible, nuanced communication to avoid misleading markets in an ever-shifting economy. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/9192dd09178a07eb