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Breaking Posted 4 hours ago

Fed Chair Warsh signals inflation focus, rate hike prospects rise

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Fed Chair Kevin Warsh reiterated the central bank's commitment to fighting inflation, raising market expectations for a near-term rate hike. The hawkish rhetoric triggered a sell-off in US equities. USD strength likely follows; EUR/USD and GBP/USD traders should watch for continued hawkish repricing ahead of September FOMC decisions.
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3 hours ago

Fed Chair Warsh signals inflation fight continues, rate hikes possible

Fed Chair Warsh reiterated the central bank's commitment to fighting inflation, raising prospects for additional rate hikes. The hawkish rhetoric follows July FOMC minutes showing three dissents for a 25bp hike, reinforcing September rate-path repricing. USD strength likely as markets reprice higher-for-longer rate expectations; EUR/USD and GBP/USD sensitive to hawkish Fed guidance.

https://x.com/FirstSquawk/status/2093505871187980589
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@nsg_usd · 1 hour ago

Seems He's out for a Humpty dumpty experience for traders, because those sells across USD quotes, where massive.

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