6 Articles
6 Articles
Kevin Warsh said 'trends matter most.' We're waiting for proof
At Jackson Hole, Federal Reserve Chairman Kevin Warsh said, “Trends matter most.” His task forces are examining how to improve monetary policy, but the next decision will test how he applies that principle today. The Fed must ground its judgment in a careful reading of the economy and explain why the evidence supports it. For […]
Warsh’s Hawkish Comments Rattle Global Markets
The US Federal Reserve has lifted its official interest rates by 0.25 per cent, setting the new target range between 3.75 per cent and 4 per cent. This widely anticipated move, with 90 per cent market probability, drew immediate condemnation from former President Donald Trump, who called for rates to be lowered "fast." Fed Chair
(Dan Tri Newspaper) - Raising interest rates for the first time in three years, Fed Chairman Kevin Warsh affirmed that inflation has been "too high and too long," while sending a firm message to curb the spread of price increases to people's pockets.
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