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Kevin Warsh's bond market bind
Warsh has spent years criticizing the Fed for letting inflation run too hot for too long. Now, he's inheriting a bond market pricing in that scenario.
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2 prospettive sulla stessa storiaTimeline cronologica
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cnbc.com
The Fed will have to raise interest rates in July to appease 'bond vigilantes,' Yardeni says
Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.
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axios.com
Kevin Warsh's bond market bind
Warsh has spent years criticizing the Fed for letting inflation run too hot for too long. Now, he's inheriting a bond market pricing in that scenario.