A decision to raise rates next week would come at a politically fraught time — less than two months before a midterm election that will determine control of Congress.
If you dont deliver after that big speech, people are really going to be like: This is not a credible Fed, said Omair Sharif, president of Inflation Insights.
Indeed, the stakes for Warsh are higher… [+1789 chars]
Indeed, the stakes for Warsh are higher… [+1789 chars]