Fed Chair Kevin Warsh said the central bank will not give forward guidance on upcoming hikes, noting a worldwide wave of tighter policy and warning that there are “no free riders.”
Posts tagged as “Kevin Warsh”
New Federal Reserve Chair Kevin Warsh is reducing the central bank's communication, including "forward guidance" on interest rates, a move analysts warn could increase market volatility and potentially lead to higher borrowing costs.
Federal Reserve Chairman Kevin Warsh advocated for a shift where financial markets guide the central bank's policy decisions, rather than the Fed directing markets.