Miner Company
FOMC Preview: The Powell-To-Warsh Transition Matters
The imminent transition from Powell to Warsh as Fed Chair marks a fundamental regime shift, not just a continuation of current policy. Warsh advocates aggressive balance sheet reduction and less reliance on forward guidance, signaling a stricter, rules-based anti-inflation strategy.
The imminent transition from Powell to Warsh as Fed Chair marks a fundamental regime shift, not just a continuation of current policy. Warsh advocates aggressive balance sheet reduction and less reliance on forward guidance, signaling a stricter, rules-based anti-inflation strategy.