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Fed's Warsh withholds rate signal, praises recent global tightening
Warsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.
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Warsh refrained from signaling another interest rate hike this month, pointed to a "synchronous tightening" by central banks in the fight against inflation.
The American President is back on the independence of the Federal Reserve
Fed Chairman Kevin Warsh is driving rapid change in some areas, while his emerging policy framework suggests further rate hikes remain possible.
The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next