Boushey: Warsh's Fed Is 'Upending Markets'
Heather Boushey, who served as a member of President Joe Biden's Council of Economic Advisers, says Chair Kevin Warsh failed to clearly communicate the Federal Reserve's policy intentions at this week's press conference, raising questions about his credibility and "upending markets." Boushey says persistent inflation, tariffs and higher energy costs from the war with Iran are leaving the Fed with difficult choices.
She speaks with Joe Mathieu and Kailey Leinz on the late edition of Bloomberg's "Balance of Power." (Source: Bloomberg)
Fed Holds Rates as Warsh’s Inflation Stance Questioned
- How Fed Chief Kevin Warsh Baffled Markets on Inflation Bloomberg —
- People Are Starting to Worry if Kevin Warsh is a Credible Fed Chair Talking Points Memo —
- Spooked investors demand clarity on Fed’s anti-inflation strategy Washington Post —
- Fed Keeps Rates Unchanged The American Conservative —
- Warsh’s Wall Street cred takes a hit as investors doubt the Fed chair’s inflation-fighting resolve MarketWatch —