Business & Finance
Fmr. Fed Gov. Randy Kroszner: Warsh’s Statement Will Give Little Hint About Next Move
Key Points
Former Fed governor and University of Chicago Booth School of Business Economics Professor Randy Kroszner said the Fed is widely expected to leave rates unchanged, though he anticipates some dissenters may favor acting sooner because inflation has not eased as hoped. He expects most policymakers to see no urgency to move, while remaining alert to renewed inflation and inflation expectations. He speaks with Scarlet Fu & Kristine Aquino on "The Close."
Former Fed governor and University of Chicago Booth School of Business Economics Professor Randy Kroszner said the Fed is widely expected to leave rates unchanged, though he anticipates some dissenters may favor acting sooner because inflation has not eased as hoped. He expects most policymakers to see no urgency to move, while remaining alert to renewed inflation and inflation expectations. He speaks with Scarlet Fu & Kristine Aquino on "The Close." (Source: Bloomberg)