EconomyInvestors Wary as Warsh Speech Fuels Rate-Hike Bets

Some investors are skeptical of growing speculation that Federal Reserve Chair Kevin Warsh is set to raise interest rates. After Warsh reiterated his commitment to reducing inflation in a closely watched Friday speech, swaps traders see a rate hike as more likely than not at the central bank’s next decision in mid-September.

People in this report Kevin Warsh