{
  "id": 139216,
  "title": "Kevin Warsh told Wall Street he’d be sharing less—Goldman Sachs fears a void of Fed facts will only amplify misinformation and instability",
  "url": "https://urgent.news/2026/08/04/kevin-warsh-told-wall-street-hed-be-sharing-less-goldman-sachs-fears",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-08-04T16:00:06.000Z",
  "source": {
    "name": "Fortune",
    "slug": "fortune",
    "url": "https://fortune.com/2026/08/04/kevin-warsh-forward-guidance-goldman-sachs-wall-street-framework-inflation/"
  },
  "original_language": "en",
  "account": "Fed Chairman Kevin Warsh suggested that the central bank should reduce its communication of monetary policy expectations, citing concerns over the negative impact of forward guidance on markets. Wall Street welcomed the potential for less noise, with securities reacting positively to Warsh's statement, while Goldman Sachs chief U.S. economist Jan Hatzius expressed fears that a void of information would lead to greater misinformation and instability. Hatzius argued that markets would have less reliable information on which to base decisions, leading to potential overreactions to data points and unnecessary volatility. Some observers, such as emeritus professor of finance Jeremy Siegel, pointed out that central bankers should still provide explanations for their decisions, even without explicit forward guidance. Hatzius also warned that relying on the opinions of a few influential voices within the Federal Open Market Committee (FOMC) could be misleading if those views are not representative of the committee as a whole.",
  "summary": "“Even without providing explicit forward guidance, central bankers still have an obligation to explain the economic framework behind their decisions. On that score, this press conference fell well short,” chimed professor Jeremy Siegel.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 6,
    "also_reported_by": [
      {
        "outlet": "Fortune",
        "title": "Bessent seen rebuffing Wall Street on guidance for U.S. debt sales",
        "url": "https://urgent.news/2026/08/03/bessent-seen-rebuffing-wall-street-on-guidance-for-u-s-debt-sales",
        "published": "2026-08-03T13:43:08.000Z"
      },
      {
        "outlet": "CNBC",
        "title": "Dividend stocks outperformed the S&P in July. Wall Street says these names will go higher",
        "url": "https://urgent.news/2026/08/03/dividend-stocks-outperformed-the-s-p-in-july-wall-street-says-these",
        "published": "2026-08-03T18:12:11.000Z"
      },
      {
        "outlet": "Techmeme",
        "title": "How Wall Street learned to love the blockchain, as US regulators accept tokenized assets and other tech can offer significant advantages in speed and efficiency (Nikou Asgari/Financial Times)",
        "url": "https://urgent.news/2026/08/04/how-wall-street-learned-to-love-the-blockchain-as-us-regulators",
        "published": "2026-08-04T10:25:19.000Z"
      },
      {
        "outlet": "Handelsblatt",
        "title": "Nikkei, Topix, CSI 300: Wall Street rally drives Asian stock markets up",
        "url": "https://urgent.news/2026/08/05/nikkei-topix-csi-300-rally-an-wall-street-treibt-borsen-in-asien-an",
        "published": "2026-08-05T07:40:52.000Z"
      },
      {
        "outlet": "MarketWatch",
        "title": "Sandisk is falling after earnings. Here’s what Wall Street says.",
        "url": "https://urgent.news/2026/08/06/sandisk-is-falling-after-earnings-heres-what-wall-street-says",
        "published": "2026-08-06T09:56:00.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}