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Fed's Hawkish Warsh Threatens AI Stock Rally: Rate Hikes Loom

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

News Summary

  • New Fed Chair Kevin Warsh signals hawkish stance, rejecting a soft inflation target amid rising Trumpflation from tariffs and Iran war disruptions.
  • Markets fear rate hikes could crush AI-driven stock valuations and slow the data center build-out.
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28966.76 +14.78% over the displayed period

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