Economy
Kevin Warsh points to US economic resilience and avoids anticipating new interest rates
Investors project that the monetary authority will wait until the last month of the year to carry out a new rate hike, ignoring recent inflationary pressures.
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The essentials of this story
- What happened
- The Federal Reserve Chairman avoided signaling new interest rate hikes and highlighted the resilience of the US economy.
- Who is affected
- Financial markets, economic analysts, and global agents.
- What changes
- Market expectations remain that the Fed will not raise interest rates in October, postponing bets to December.
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Sources
- Warsh vê resiliência econômica e evita sinalizar novas altas de juros — Valor Econômico