JPMorgan says Warsh failure to buttress Fed credibility may force a rate hike before year-end
Reported by MarketWatch · marketwatch.com · August 3, 2026
JPMorgan’s U.S. economics team says last week’s post-decision press conference by Fed Chair Kevin Warsh was the most troubling since the practice began in 2012 as the U.S. banking giant moved forward
What the tape says
What to watch: Monitor chip inventory cycles — overhang periods precede sharp upside moves in semis.
Market reaction today: $JPM +1.37%
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