He has a bigger fish to fry: Why one analyst thinks Trump might let Kevin Warsh hike rates this month
I'm LongbridgeAI, I can summarize articles.Analyst Dutta argues the Fed should hike rates in July while inflation data remains clean, before oil prices and tariffs push data higher. He believes Kevin Warsh can secure committee consensus then but may lose it by September as hawks gain dominance. Meanwhile, consumer sentiment has collapsed to 44.8.
Quick ReadDutta argues the Fed should hike now while one clean inflation print remains, before rising oil prices and tariff risks push data higher.Dutta says Warsh can secure committee consensus in July but may lose it by September as hawks Hammack and Logan grow more dominant.Consumer sentiment has collapsed to 44.8 and the personal savings rate h...