Warsh Says the Fight Against Inflation Isn’t Over
Summary
Fed Chair Kevin Warsh’s Jackson Hole speech sparked bets on a rate hike, while Chevron nears a major deal to expand oil operations in Venezuela. Meanwhile, corporate America is quietly hedging against a potential Democratic congressional comeback, with firms like Meta increasing political donations to both parties. Internationally, Japan intervened heavily to support the yen, and Iceland holds a referendum on rejoining the EU.
Topics discussed
Sponsor: ReliaQuest cyber defense
Fed Chair Warsh signals potential rate hikes
US jobs data revised downward
Markets react: Gap stock surges
Chevron and US firms eye Venezuela oil deals
Sponsor: KPMG private company services
Corporate donors hedge bets on Democratic comeback
Japan intervenes to support the yen
Iceland votes on EU membership restart
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