🇺🇸 New FED Chair Kevin Warsh Signals Major Shift in Monetary Policy
The new Chair of the U.S. Federal Reserve (FED), Kevin Warsh, stated that he does not support forward guidance policy. This means the FED will limit providing signals about future policy decisions, causing the market to face higher levels of uncertainty. At the same time, the FED also announced new economic forecasts.
🏦 FED Reduces Market Guidance
Kevin Warsh believes the FED has provided too many signals in the past. Under the new leadership:
* Limit commitments about future interest rate paths.
* Reduce market d
View Original