Warsh Says Fed May Have ‘Work to Do’ as Inflation Progress Fails to Convince

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‼️ BREAKING: Fed Chair Kevin Warsh said the central bank may still have more work to do on inflation, arguing that financial conditions do not appear restrictive and recent price data have not yet established a convincing improvement in the underlying trend. He said the Fed must see inflation moving clearly and quickly toward its target, but did not indicate whether he would support a rate increase at next month’s meeting or provide further policy guidance.

Jackson Hole’s $30T Reckoning: Warsh Must Draw the Inflation Line—or Risk a 30-Year Treasury Shock

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‼️ 🇺🇸 Jackson Hole’s $30 Trillion Test: Warsh Must Define the Fed’s Inflation Reaction Function—or Risk a Violent 30-Year Treasury Repricing

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#FederalReserve #JacksonHole #Treasuries #FixedIncome #BondMarket #InterestRates #Macro #Inflation #Duration #YieldCurve 

Zerodha’s Kamath Flags India’s $17 Billion Margin-Trading Boom as a Market Risk

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‼️ 🇮🇳 Zerodha founder Nithin Kamath warned that India’s fast-growing margin trading facility market could amplify a market downturn through forced selling and broader contagion. The industry-wide MTF book reached about 1.4 trillion rupees on Tuesday, up 53% year on year, while Zerodha’s book rose to roughly 90 billion rupees in August; interest income from leverage now accounts for 10% of the broker’s revenue.

Sensex Flash Crash Sparks Auction Fears as Nifty Eyes Third Weekly Loss

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‼️ 🇮🇳 The Nifty fell for a second straight session on Thursday but held above 24,000, putting it on track for a third consecutive weekly loss. Meanwhile, the BSE Sensex briefly tumbled about 3% in a 20-minute closing auction, raising fresh concerns about thin liquidity and potential manipulation under the new auction-based closing-price mechanism covering more than 200 stocks.