Topic: finance

Stock Traders Respond Positively to Federal Reserve Chair Kevin Warsh’s Remarks as Volatility Index Hits Year-to-Date Low

08/28/2026, 01:37 PM business review finance
Federal Reserve Chair Kevin Warsh's recent speech has significantly increased expectations for an interest rate hike in September, with market odds rising to nearly 60%. This shift has been met with a surprisingly positive response from stock traders, as indicated by a drop in the Cboe Volatility Index to its lowest level this year.