Miner Company
A Massive Change Likely Coming To The Fed And Markets May Not Like It
Major Fed changes loom as Kevin Warsh may replace Jay Powell, potentially ending forward guidance and the quarterly dot plot. Warsh favors a smaller Fed balance sheet, viewing quantitative easing as fiscal policy in disguise and preferring interest rate policy for broader economic impact.
Major Fed changes loom as Kevin Warsh may replace Jay Powell, potentially ending forward guidance and the quarterly dot plot. Warsh favors a smaller Fed balance sheet, viewing quantitative easing as fiscal policy in disguise and preferring interest rate policy for broader economic impact.