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Warsh’s changes to forward guidance were tried by one central bank — and here’s what happened

Canada’s post-2008 playbook shows the volatility risks of Warsh’s no-guidance Fed.

Warsh’s changes to forward guidance were tried by one central bank — and here’s what happened

We haven't written up this one. MarketWatch has the full story — the link below goes straight to it.

Also reported by 1 other outlet

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More in Finance & Markets

[Closing Market] KOSPI Rebounds Above 6,340 Amid Stronger Won

The domestic stock market started lower on Aug. 11 due to external uncertainties and the burden of weakness in leading semiconductor stocks in early trading.

  • KOSPI stock market rebounds to 6,345.53, up 0.73%
  • Institutional and individual buying, easing foreign net selling pressure
  • KOSDAQ index closes at 857.84, up 0.39%