Fed Chair Kevin Warsh's stark inflation warning at Jackson Hole sent markets reeling, with traders now pricing in a 66% chance of a September rate hike. But critics warn the Fed is 'late to the game' and risks a 'messy' political situation if it hesitates.
The tape The David Lin Report · Sep 1
“Since Jackson Hole ended last weekend, the probability of a 25 basis point rate hike on September 16th, the next FOMC meeting, jumped to 66% according to the CME FedWatch tool.”
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Marketplace · Oil markets brace for maintenance seasonAug 31
In a landmark shift for the $4.6 trillion tech giant, Tim Cook is transitioning from CEO to executive chairman. Hardware engineering chief John Ternis takes over tomorrow.
Bloomberg Surveillance · Bloomberg Surveillance TV: August 31st, 2026Aug 31
A global boom in AI infrastructure is pushing supply chains to their limit, with TSMC 'effectively sold out until 2029.' A former Fed official reports token sales at top labs have soared 500% in a year to over $100 billion, fueling what one advisor calls a 'Tripolar World Spending Supercycle.'