Warsh Says the Fight Against Inflation Isn’t Over
Summary
Fed Chair Kevin Warsh’s Jackson Hole speech signaled potential rate hikes, boosting market odds for a September increase. Chevron and other US firms are nearing billion-dollar deals to expand oil operations in Venezuela. Meanwhile, major corporate donors like Meta are hedging bets by funding both parties amid fears of Democratic congressional subpoenas. Japan also spent billions supporting the yen, and Iceland votes on EU membership.
Topics discussed
Sponsor: ReliaQuest Cyber Defense
Fed Chair Warsh signals potential rate hikes
Jobs data revision and market reactions
Chevron and US deals in Venezuela oil
Corporate donors hedging bets on midterms
Japan yen intervention and Iceland EU vote
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