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Kevin Warsh has wasted little time reshaping the Federal Reserve since taking over as chair earlier this year.
At his first press conference in June, Warsh made clear that he wanted to pull back from the central bank's reliance on "forward guidance" — the practice of signaling where interest rates could be headed — arguing that it is not "well suited" to the current economic environment (1). He has also launched a broader review of how the Fed approaches inflation and monetary policy.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#federal
Kevin Warsh has wasted little time reshaping the Federal Reserve since taking over as chair earlier this year.
At his first press conference in June, Warsh made clear that he wanted to pull back from the central bank's reliance on "forward guidance" — the practice of signaling where interest rates could be headed — arguing that it is not "well suited" to the current economic environment (1). He has also launched a broader review of how the Fed approaches inflation and monetary policy.
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold
#federal
23 days ago
