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πŸ‡ΊπŸ‡Έ Warsh's hawkish debut lands right as the energy tailwind behind June's soft prints is about to reverse

πŸ‡ΊπŸ‡Έ Warsh's hawkish debut lands right as the energy tailwind behind June's soft prints is about to reverse

New Fed Chair Kevin Warsh told Congress on July 14 that the Fed's inflation gauges are broken and called every rate meeting live, right as the Iran ceasefire that flattered June's βˆ’0.4% CPI and βˆ’0.3% PPI prints looks set to unravel.

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