Fed's Warsh Successfully Re-Established Confidence -- Market Talk
Dow Jones2026/08/31 05:460546 GMT - Federal Reserve Chairman Kevin Warsh "was successful in re-establishing confidence," Catalyst Funds' Larry Holzenthaler says after Warsh's speech at the Kansas City Fed's annual Jackson Hole symposium on Friday. "He came across as very focused on inflation and bringing it back in line with the Fed's 2% target," the senior portfolio manager says. The market seems to be reacting exactly the way the Fed wants; short-term rates are higher, while long-term rates are marginally lower following his comments, Holzenthaler adds. "Investors should clearly expect that the Fed is going to raise rates if it needs to." (emese.bartha@wsj.com)
(END) Dow Jones Newswires
August 31, 2026 01:46 ET (05:46 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
Federal Reserve Turns Hawkish Again! This Year's Voting Member Logan: At Least Two More Rate Hikes Needed, Pace May Accelerate
On Tuesday, following Federal Reserve Governor Waller’s call to consider a 50 basis point rate hike at the December meeting, this year’s FOMC rotating voting member Lorie Logan reiterated a hawkish stance, stating, "Given the current economic outlook, I believe at least two more rate hikes of 25 basis points each are needed. The pace of rate hikes this winter may be faster than what we have seen so far this autumn." On Tuesday, the two-year US Treasury yield jumped 19 basis points in a single day, reaching 4.74%.
Google Fi "Super Network" launches today for Pixel 9 and newer devices
Crypto prices
More
