Warsh Doesn't See Financial Conditions as Restrictive -- WSJ
Dow Jones2026/08/28 14:36By David Uberti
In a more hawkish speech than many expected, Federal Reserve Chairman Kevin Warsh ticked off a series of healthy indicators for the economy: high profits, steady consumer spending, tight credit spreads and more.
"In my view, credit and loan markets are showing few signs of policy restraint," Warsh said. "On balance, I would be hard-pressed to describe broad financial conditions as restrictive." The remarks boosted Wall Street bets on interest-rate hikes.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
August 28, 2026 10:36 ET (14:36 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Euro drifts toward the bottom of its range as US rate bets climb
Investors reportedly offering Anthropic allocation shares at premiums of up to 5% ahead of its IPO
According to reports, the trading firm JonesTrading is marketing up to $500 million worth of stock shares on behalf of some investors, at a 3% to 5% premium over the IPO issue price. This indicates that investors are already transferring their anticipated IPO allotted shares before the IPO is officially issued.
Crypto prices
More
