Warsh Doesn't See Financial Conditions as Restrictive -- WSJ
Dow Jones2026/08/28 14:36By David Uberti
In a more hawkish speech than many expected, Federal Reserve Chairman Kevin Warsh ticked off a series of healthy indicators for the economy: high profits, steady consumer spending, tight credit spreads and more.
"In my view, credit and loan markets are showing few signs of policy restraint," Warsh said. "On balance, I would be hard-pressed to describe broad financial conditions as restrictive." The remarks boosted Wall Street bets on interest-rate hikes.
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
August 28, 2026 10:36 ET (14:36 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Rare in 25 years! The 10-year U.S. Treasury yield surpasses the S&P 500 earnings yield
The 10-year US Treasury yield has surpassed 5%, making bonds more attractive relative to stocks than at any point in the past 25 years. The earnings yield of stocks, as measured by the inverse of the S&P 500’s price-to-earnings ratio, is now lower than the 10-year US Treasury yield, resulting in a clear yield suppression effect on the stock market from bonds. According to the Shiller model, the S&P 500 may outperform bonds by only about 1% annually over the next decade. The 20-year paradigm of stocks outperforming bonds has officially come to an end.
Iron ore retreats, copper takes the lead: Australian mining stocks find a new growth story
Analysts state that the rapid growth in copper demand driven by power infrastructure and artificial intelligence (AI) provides a new rationale for investors to allocate to the mining sector. Australian mining stocks are expected to continue their upward trend.
The IRS May Be Coming for Crypto ETFs Next: Which Funds Are at Risk?
Crypto prices
More
