Here are the key things Fed Chairman Kevin Warsh said — and didn’t say — while Americans were sleeping Thursday night
Federal Reserve Chair Kevin Warsh had an opportunity Thursday night to shape expectations heading into the central bank’s interest-rate-setting meeting in two week’s time — and in keeping with his practice of leaving markets guessing, he chose not to.
Federal Reserve Chair Kevin Warsh expressed surprise regarding the resilience of major economies in the face of tighter monetary policy and geopolitical shocks, according to The National UAE and The National Business. MarketWatch Top noted that Warsh chose not to shape market expectations ahead of the central bank's interest-rate-setting meeting in two weeks, maintaining his practice of leaving markets guessing.
WSJ Economy reported that the Fed chief stated, “We’re not in that business anymore,” following inflation data that prompted questions about the timing of the next increase.
Brief written by urgent.news from MarketWatch Top, The National UAE, The National Business, WSJ Economy — 4 reports on this story. Machine-written — may contain errors; check the original before relying on it.
Also reported by 2 other outlets
- Here are the key things Fed Chairman Kevin Warsh said — and didn’t say — while Americans were sleeping Thursday night marketwatch.com
- Fed Chairman Kevin Warsh declined to endorse or push back on colleagues’ signals that officials are in no rush to raise interest rates this month, saying the central bank was no longer in the business of previewing its decisions wsj.com
