Fed Chair Kevin Warsh definitely leaned hawkish at Jackson Hole today. With core PCE still stuck at 3.7%, he basically said the Fed is backing away from giving the market "forward guidance." Stocks pulled back a bit on Friday because of it, though the S&P 500 still managed to green up for the week. Looking at the CME FedWatch tool, the odds of another rate hike in September just spiked up to around 58%. It feels like any hopes for near-term rate cuts are completely off the table no
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