Kevin Warsh plans to stop scripting the Fed's next moves. It could trigger a wild ride for traders.

Former St. Louis Fed President James Bullard said Fed Chair Kevin Warsh could implement policy changes without prior market signaling, a stance that could increase volatility. The comment highlights a more unpredictable Fed communication risk, which may pressure rate expectations and near-term trading flows.

Analysis

Former St. Louis Fed President James Bullard said Fed Chair Kevin Warsh could implement policy changes without prior market signaling, a stance that could increase volatility. The comment highlights a more unpredictable Fed communication risk, which may pressure rate expectations and near-term trading flows.