Kevin Warsh’s Senate testimony points to a possible shift toward a less communicative Federal Reserve, reducing forward guidance to markets. That would likely increase uncertainty around the policy path and could raise volatility in rates and risk assets even without an immediate change in the fed funds rate.
Kevin Warsh’s Senate testimony points to a possible shift toward a less communicative Federal Reserve, reducing forward guidance to markets. That would likely increase uncertainty around the policy path and could raise volatility in rates and risk assets even without an immediate change in the fed funds rate.
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mildly negative
Sentiment Score
-0.15
