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Official · business · Jun 18, 2026

Warsh’s Hawkish Turn Has Scrambled the Math on Rates

B By Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Ian Mount and Vivienne Walt

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Warsh’s Hawkish Turn Has Scrambled the Math on Rates

The futures market now sees at least one interest rate increase this year, as the Federal Reserve’s new leader, Kevin Warsh, vows to fight inflation.

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