Investors increased bets on higher borrowing costs after Kevin Warsh skipped policy guidance at his first Fed meeting.
WHO:Kevin Warsh and investors
WHAT:Warsh opted against providing policy guidance at his first meeting as Federal Reserve chairman, prompting investors to bet on higher borrowing costs.
WHEN:Jun 18, 2026 at 8:16 AM ET
WHERE:USA
WHY:To bet on higher borrowing costs.
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