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Investors Anticipate Federal Reserve Rate Hike Amid Trump's Trade Threat
Investors expect the Federal Reserve to raise interest rates at its upcoming meeting, despite President Trump's threats to cut off trade with countries that have trade deficits if rates are not lowered. Fed Chairman Kevin Warsh has adopted a hawkish stance on inflation, which remains above the target level, and the implied probability of a rate hike is over 60% according to CME Group's FedWatch tool.
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Donald Trump
Kevin Warsh
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Our neutral summary
Investors expect the Federal Reserve to raise interest rates at its upcoming meeting, despite President Trump's threats to cut off trade with countries that have trade deficits if rates are not lowered. Fed Chairman Kevin Warsh has adopted a hawkish stance on inflation, which remains above the target level, and the implied probability of a rate hike is over 60% according to CME Group's FedWatch tool.
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