The Fed Just Changed the September Trade — Here’s What Moved Markets

Federal Reserve Chair Kevin Warsh’s Jackson Hole speech quickly reshaped September rate expectations, forcing traders to reprice the risk of a potential hike after entering the event largely positioned for steady borrowing costs. Roughly $2.3 trillion was wiped across gold, silver, U.S. equities and crypto markets. Before Warsh spoke, the probability of a September hike […] Read The Full Article The Fed Just Changed the September Trade — Here’s…