Fed's Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

Fed's Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

The post Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson appeared first on 24/7 Wall St.. Roger Ferguson, former Federal Reserve Vice Chairman, says Fed Chair Kevin Warsh's first meeting signals a potential rate hike remains possible this year despite keeping rates. Core PCE inflation sat at 129.63 in April (90.9th percentile) and unemployment remained at 4.3% for three straight months, supporting continu…

US Government Sold $518 Billion of Treasury Securities this Week. 6-Month to 2-Year Treasury Yields Spike on Warsh’s “Regime Change” at the Fed

The 1-year Treasury yield spiked by 16 basis points, to 4.0%, highest since July, three rate cuts ago, as the bond market now expects multiple rate hikes.

Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson

The post Fed’s Warsh Still Expects a Rate Hike This Year, Says Former Vice Chair Roger Ferguson appeared first on 24/7 Wall St.. Roger Ferguson, former Federal Reserve Vice Chairman, says Fed Chair Kevin Warsh's first meeting signals a potential rate hike remains possible this year despite…