Nasdaq Opens Lower, Warsh Dodges Questions on July Rate Decision

Investors are digesting comments by Fed Chairman Kevin Warsh for clues about the path of interest rates. Warsh dodged questions about whether an interest-rate hike is in the cards this month, but said inflationary risks have eased since the last FOMC meeting He took

Investors are digesting comments by Fed Chairman Kevin Warsh for clues about the path of interest rates.

Warsh dodged questions about whether an interest-rate hike is in the cards this month, but said inflationary risks have eased since the last FOMC meeting

He took part in a panel discussion with the heads of the ECB, the Bank of England and the Bank of Canada. Follow along as we cover it here. Most Read from The Wall Street Journal U.S.

Treasury yields pared gains after Warsh’s commments. Major indexes are in the red today, with the Nasdaq composite retreating the most after U.S. stocks closed out a blockbuster quarter with a bang yesterday. Oil prices are slipping.

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