Warsh Says the Markets Are Doing Some of the Fed's Work -- WSJ
Dow Jones2026/07/29 18:52By Matt Grossman
Speaking to reporters today, Federal Reserve Chairman Kevin Warsh notes that even though the central bank hasn't raised its target for the overnight fed funds rate, longer-term market interest rates have climbed since the Fed's last meeting. "Rates are higher today than they were 42 days ago," even though the Fed hasn't hiked, he observed.
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
July 29, 2026 14:52 ET (18:52 GMT)
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