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JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end

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JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end

JPMorgan’s U.S. economics team says last week’s post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward their call for a rate increase.

JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end


Source:MarketWatch

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Sourcehttps://www.marketwatch.com/story/jpmorgan-says-warsh-failure-to-buttress-fed-credibility-may-force-a-rate-hike-before-year-end-e14e5821