Fed’s Warsh Signals More Rate Hikes. Stocks Wobble.

U.S. stocks were mixed on Wednesday after Federal Reserve Chairman Kevin Warsh suggested the central bank may not be finished fighting inflation. Warsh’s comments boosted market bets on further interest rate hikes, a shift that typically pressures stock prices. While some indexes slipped, others held steady, leaving the overall market without a clear direction. Investors now watch for upcoming economic data to gauge whether the Fed will follow through on Warsh’s signal. The remarks mark a departure from recent expectations that the central bank was nearing the end of its tightening cycle.