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Warsh’s Fed is failing to stick to its own principles for good monetary policy

Warsh’s Fed is failing to stick to its own principles for good monetary policy
Key Points

Bond investors don’t understand how Fed Chair Kevin Warsh’s pledge to restore stable prices squares with inaction on interest rates.

Bond investors don’t understand how Fed Chair Kevin Warsh’s pledge to restore stable prices squares with inaction on interest rates.
Warsh (PERSON) Fed (ORG) Kevin Warsh (PERSON)
Originally published by MarketWatch Read original →