Warsh's 'Hawkish Tone' Sends Stocks, Bond Yields Lower -- WSJ
Dow Jones2026/09/16 19:17By Jack Pitcher
Stock indexes dropped and bond yields rose as Fed Chairman Kevin Warsh concluded his news conference. Traders appear to be coming out of the press conference expecting more rate hikes than they did prior to it starting.
"The hawkish tone of the press conference" drove markets lower, said Jeff Schulze, head investment strategist at the Franklin Templeton Institute. "Warsh's press conference closely echoed the hawkish tone of his Jackson Hole remarks, framing the hike as evidence that the committee is backing its words with action on returning inflation to target."
This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).
(END) Dow Jones Newswires
September 16, 2026 15:17 ET (19:17 GMT)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
First American Financial Corporation Increases Quarterly Cash Dividend To 61 Cents Per Share >FAF
Vitesse Energy: Initial Unadjusted Purchase Price of $26M >VTS
--Woodward Keeps Quarterly Dividend at $0.32 a Share, Payable Dec. 3 to shareholders of Record Nov. 19
--Scholastic Keeps Quarterly Dividend at $0.25 per Share, Payable Dec. 15 to Holders of Record Oct. 30
