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Fed's Warsh Spooks Wall Street; Rate Hikes Likely After 'Economic Shocks' Warning

Yahoo Finance Read original source (opens in a new tab)
The Story

News Summary

  • US equities fell sharply after Fed Chair Warsh signaled potential rate hikes to combat persistent 'economic shocks' from tariffs and conflicts.
  • His comments on AI investment being vulnerable to higher rates spooked markets, reversing expectations of a dovish pivot.
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US30 price history

52093.11 +9.84% over the displayed period

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