Stocks Sink, 10-Year Yield Reclaims 5% as Warsh Delivers His Hawkish Show
The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
Stocks · News reference
Gold is up nearly 8% this week, a move matched only seven times since 1986. History says the next three months are the hard part.
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The Dow fell more than 1% and gold swung nearly three points as the new Fed chair reiterated fight against inflation.
The FOMC hiked interest by 25 basis points to 3.75%-4.00% during its September meeting, marking the first increase since 2023.
Gary Black said a 25-basis-point Fed hike, if positioned as 'one-and-done' could push yields lower and be better for stocks.
https://truthsocial.com/@realDonaldTrump/posts/117282643318690567
https://www.cnn.com/2026/09/16/politics/ai-executives-trump-xi-visit
The Fed raised rates 25 basis points as 16 of 18 policymakers projected at least one more increase before year-end.