Warsh: No Guidance on Policy
From srikonomics.substack.com
Federal Reserve Chairman Kevin Warsh made his first appearance on the international stage this week at the European Central Bank’s annual symposium in Sintra, Portugal. Joining the heads of the European Central Bank, the Bank of England and the Bank of Canada on a panel moderated by CNBC’s Sara Eisen, Warsh had an opportunity to explain how the world’s most influential central bank intends to confront an inflation problem that remains far from solved. Instead, despite repeated proddings by the anchor, investors were left with more questions than answers. Warsh acknowledged the inflation problem but declined to ...
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