Gregory Daco: Fed Chair Warsh did not indicate possible rate hike as markets price 14 percent odds

Gregory Daco: Fed Chair Warsh did not indicate possible rate hike as markets price 14 percent odds
Fed Chair Warsh seen signaling hawkish hold

Fed Chair Warsh did not provide any indication of a possible rate hike, with markets currently pricing in 14 percent odds. Gregory Daco stated that, in his opinion, this fact, combined with recent key remarks from other Fed policymakers, points to a hawkish hold at the October FOMC meeting.

Daco previously shared insights on how sovereign debt supply and demand changes are impacting financial markets. He also appeared on Radio Davos to discuss the latest World Economic Forum Chief Economists Outlook. Both appearances focused on current macroeconomic trends shaping policy considerations.

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