Warsh Vows to Tame Inflation as A.I. Delivers ‘Shock’ to Economy
Published . Updated .
The Federal Reserve chairman stuck to his pledge to avoid providing guidance about the path forward for interest rates, but did nothing to convey an urgency to raise them later this month.
Directly affected
- No company is named in this report.
Indirectly affected
- LMT Lockheed Martin
Defense contractors get more work when conflict spending rises
- RTX RTX
Defense contractors get more work when conflict spending rises
- NOC Northrop Grumman
Defense contractors get more work when conflict spending rises
- GD General Dynamics
Defense contractors get more work when conflict spending rises
- TLT iShares 20+ Year Treasury Bond
Long-term bonds move when yields change
- IEF iShares 7-10 Year Treasury Bond
Treasury bonds move when yields change
- ITA iShares U.S. Aerospace & Defense
A fund of aerospace and defense companies
- BA Boeing
Defense and aerospace orders move with conflict spending
- LHX L3Harris
Defense contractors get more work when conflict spending rises
- HII Huntington Ingalls
Shipyards benefit when naval spending rises
Price reaction, T-5 to T+3
The Federal Reserve chairman said technological change was complicating the outlook for central banks as policymakers grapple with persistent inflation risks.
Source: The New York Times
Defense
How solid the defense case looks
12 out of 100
“Warsh Vows to Tame Inflation as A.I. Delivers ‘Shock’ to Economy” scores 12 out of 100. The score uses 1 sources.