Business & Economy · 2 views
Kevin Warsh gets what every Fed chair hopes for: a bond market that trusts his word
Kevin Warsh passed another big test as a new Federal Reserve chairman on Friday: He said the central bank still has work to do on inflation, and the bond market took him at his word.
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Kevin Warsh, newly appointed Federal Reserve chairman, warned that the central bank still needs to address inflation, and the bond market responded positively, taking his statement at face value.
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