Business
Thursday, 7/2, 01:57 PM
Under a New Chair, the Fed Says Less and Markets Are Left Guessing
- In his first months running the Federal Reserve, Chair Kevin Warsh has rewritten how the central bank talks to the world — dropping its usual signals about where interest rates are headed and slashing its policy statement to a fraction of its former length.
- Supporters call it a healthy reset; investors say they are being left to guess.