Warsh Is a Hawk in Dove's Clothing, Yardeni Says

Ed Yardeni said Federal Reserve Chairman Kevin Warsh is "pretty much" committed to bringing inflation down to 2%. The commentary centers on the Fed's likely policy stance and inflation-fighting focus, implying a hawkish bias. Market impact is limited as this is analyst commentary rather than a policy action or data release.

Analysis

Ed Yardeni said Federal Reserve Chairman Kevin Warsh is "pretty much" committed to bringing inflation down to 2%. The commentary centers on the Fed's likely policy stance and inflation-fighting focus, implying a hawkish bias. Market impact is limited as this is analyst commentary rather than a policy action or data release.