Fed Chair Warsh strips forward guidance from policy statements
Fed Chair Kevin Warsh has shrunk policy statements and stripped out forward guidance language indicating where policy may be headed, restoring uncertainty to Fed communications. This represents a structural change in Fed communication approach.
Detected & updated continuously · Source: Nebula
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@TheEconomist
Kevin Warsh is trying to restore a little mystery to the Federal Reserve. Policy statements have shrunk, and “forward guidance”—language indicating where policy may be headed—has been stripped out. Yet his tight lips are less radical than they look https://t.co/BV3XZlGmoj https://t.co/k8pyJUVVr1
@RealAllinCrypto
🚨A September rate hike is looking a CERTAINTY! The @FT reports Fed Chair Kevin Warsh is open to raising rates if upcoming inflation data runs hot. This follows Neel Kashkari also from the FED saying yesterday that rates should start moving higher slowly. Two signals suggest https://t.co/jCEOhD8VE4