The biggest risk is not actually a rate hike announcement. It's Warsh making the market realize that 2026 rate cuts are … | Longbridge

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Aug 28 at 12:22 PM

The biggest risk is not actually a rate hike announcement. It's Warsh making the market realize that 2026 rate cuts are not the easy base case anymore.

Captain's Watch

Jackson Hole: 10 AM ET – Warsh's Words Could Move Markets.

PCE at 3.7% beat expectations unexpectedly, pushing the probability of no rate hike in September from 35% to 66%. Since Walsh took office, forward guidance has been scrapped and the dot plot abolished...

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