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Breaking Posted 11 days ago

Fed Chair Warsh Faces Rate Hike Pressure Amid Rising Inflation

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Fed Chairman Kevin Warsh confronts inflation at three-year highs as investors bet on December rate hikes despite Trump's calls for cuts. Bond selloff reflects growing market expectations for tighter monetary policy. USD strength likely as rate hike bets intensify, particularly impacting EUR/USD and GBP/USD. Higher US rates typically boost dollar demand against major currencies.
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