Bond traders price in Fed rate hike by December as inflation lingers
What's next: Markets see little chance of a July move but increasingly favor a quarter-point hike in September or October.
What's next: Markets see little chance of a July move but increasingly favor a quarter-point hike in September or October.
What's next: Warsh returns to Capitol on Wednesday for Senate testimony after defending the Fed's independence and 2% inflation goal.
What's new: Warsh used his first semiannual House testimony to defend a broader overhaul of Fed policy, data and communications.
What's new: Two months into the job, he said five Fed task forces are reviewing communications, technology, the balance sheet, data and inflation policy.
What's next: The Fed meets July 28-29 as policymakers remain split over whether to raise, hold or cut rates.