WS #12057

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Fed Chair Warsh states higher inflation is not acceptable, Fed has tools to deliver price stability, and commitment to unstick sticky prices, signaling hawkish stance. Wells Fargo reports Q2 EPS $2.00 (beat $1.72) and revenue $22.62B (beat $21.85B), EPS +25% YoY.

Fed Chair Warsh hawkish testimony

Fed Chair Warsh states higher inflation is not acceptable, Fed has tools to deliver price stability, and commitment to unstick sticky prices, signaling hawkish stance.

Wells Fargo reports Q2 EPS $2.00 (beat $1.72) and revenue $22.62B (beat $21.85B), EPS +25% YoY.

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