Fed's Warsh seeks to avoid forward guidance. His colleagues aren't listening
- Federal Reserve Chair Kevin Warsh has sought to move the central bank away from forecasting its policy decisions during his four-plus months in charge.
- But after the Fed raised interest rates earlier this month, multiple officials have indicated future hikes are coming.
- “If the economy evolves in a manner broadly consistent with my forecast, one...
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- Federal Reserve Chair Kevin Warsh has sought to move the central bank away from forecasting its policy decisions during his four-plus months in charge.
- But after the Fed raised interest rates earlier this month, multiple officials have indicated future hikes are coming.
- “If the economy evolves in a manner broadly consistent with my forecast, one...
Sources: The Hill