As new Federal Reserve Chairman Kevin Warsh leads his first policy meeting, falling oil prices are set to smooth the way for a rally in fixed income, according to MUFG’s chief of US macro strategy, George Goncalves.
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As new Federal Reserve Chairman Kevin Warsh leads his first policy meeting, falling oil prices are set to smooth the way for a rally in fixed income, according to MUFG’s chief of US macro strategy, George Goncalves.
As new Federal Reserve Chairman Kevin Warsh leads his first policy meeting, falling oil prices are set to smooth the way for a rally in fixed income, according to MUFG’s chief of US macro strategy, George Goncalves. Investors expect the Federal Reserve to keep its current interest rate steady on Wednesday as new chair Kevin Warsh helms his first meeting. Barron's reporter Josh Schafer has more on Warsh and the rate decision.
Bloomberg reported the story as "‘Summer of the Bond Market’ Is Teed Up for Warsh, Goncalves Says." CBS News reported the story as "Federal Reserve expected to hold interest rates steady today under new chair Kevin Warsh."
2 sources have covered this story, including CBS News and Bloomberg. The earliest reporting in the cluster landed about 3 hours ago.
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Claim ledger
[01] VerifiedCore event reported by 2 independent outlets across the spectrum.
[02] DisputedKey facts present in mainstream desks; corroboration thin from wires.
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