Markets Keen to See if Fed's Warsh Follows Through on Inflation Concerns
Dow Jones13:51
0551 GMT - Markets will look to the upcoming Federal Reserve meetings to see if Chairman Kevin Warsh will follow through on his inflation concerns, Danske Bank analysts say in a note. The Scandinavian bank's analysts interpret Warsh's view of the economy as inflation being above target, financial conditions aren't clearly restrictive, the labor market is steady, and growth is generally solid but uneven across sectors, they say. Against this backdrop, Danske Bank analysts continue to expect the Fed to raise interest rates in December and March, but they see the risk tilted toward earlier hikes.
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