Fed's Warsh Expected to Bolster Inflation-Fighting Credentials -- Market Talk

0522 GMT - Investors can be very confident that Federal Reserve Chairman Kevin Warsh will want to sound hawkish and do everything he can to bolster his inflation-fighting credentials, without actually doing anything just yet, BlueBay CIO Mark Dowding says in a note. "This could prompt some further flattening of the U.S. yield curve for the time being," he says. However, with the U.S. fiscal position continuing to deteriorate and the bill for Trump's Middle East war continuing to rise, ultimately this can be a factor which may see the curve re-steepen at a later point in time, Dowding says. (emese.bartha@wsj.com)

(END) Dow Jones Newswires

July 27, 2026 01:22 ET (05:22 GMT)