
Markets Challenge Fed Chair Warsh as Inflation Fears Mount
New Fed chief Kevin Warsh faces bond market revolt and internal Fed divisions over how to tame persistent inflation without sparking a recession.

New Fed chief Kevin Warsh faces bond market revolt and internal Fed divisions over how to tame persistent inflation without sparking a recession.

Chipmaker rout erases $300 billion in software and data stocks; bonds gain as investors seek safety amid mounting doubts over AI spending returns.

Rising crude prices and Middle East tensions fuel inflation fears, sending bond yields soaring and equities plunging worldwide.

Annual inflation fell to 3.5% in June, the largest monthly drop since 2020, driven by falling gasoline prices. However, renewed conflict with Iran threatens energy costs, and data distortions raise skepticism.