White House ups pressure on Kevin Warsh's Fed as Wall Street expects hike

Business

White House Ups Pressure On Kevin Warsh's Fed As Wall Street Expects Hike

By Fortune

According to CME’s FedWatch, nearly 60% of investors are betting on a 25bps hike to 3.75% to 4%, with the remainder of bettors suggesting the Kevin Warsh-led central bank will instead announce a hold. The renewed call for a hike comes courtesy of a B ...Read more