Kevin Walsh created more uncertainty to the market. Expect more volatility. but it does seem that at least the second ra… | Longbridge

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Aug 28 at 04:21 PM

Kevin Walsh created more uncertainty to the market. Expect more volatility. but it does seem that at least the second rate hike for the year is off the table.

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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