Oil Steady, Gold Slips as Fed’s Warsh Signals Higher-for-Longer

Oil Steady, Gold Slips as Fed's Warsh Signals Higher-for-Longer

The Setup Markets are digesting two threads at once on August 29: a fresh flare-up of violence in the West Bank, where an Israeli strike killed three Palestinians in Jenin according to Reuters and Al Jazeera, and a notably hawkish tone from the Federal Reserve. Fed Chair Kevin Warsh warned that inflation progress remains insufficient … Read more