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Barclays is now forecasting two Fed rate hikes after Warsh's hawkish Jackson Hole warning

Photo: Yahoo Finance

What happened

The Wall Street bank previously expected the Fed to hold rates steady through year-end; markets now price a 60.4% chance of a September hike

Summary assembled by rule from the sources below

Why it's spreading

Timeline

  1. First appeared on Yahoo FinanceYahoo Finance
  2. Quartz started reportingQuartz

Sources