Will Trump Summon Warsh To The White House Ahead Of Fed Meeting?

Mish Shedlock
By Mish Shedlock of MishTalk
Investment Advisor Representative - Sitka Pacific Capital Management •

August CPI data pushed Fed rate hike odds past 87%, making a September increase highly likely.

Odds now are over 87 percent for a Fed hike. What will Trump do?

Fed Watchers

Five of six indefinite hold calls switched to hike after the CPI report.

Bianco on Leaks

There will not be a leak.

Will Trump Summon Warsh to the White House?

  • Yes

  • No, Just Media Pressure

  • Nothing

Expect a hike, summons or not. My take is The August CPI Report Seals a September Fed Interest Rate Hike

My position didn’t change as explained on August 31 in Political Realities May Force the Fed to Hike in September

It will be a stretch for the Fed to pause for many reasons, not just the CPI.

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