⏳ Reading Time: 3 minutesThis week we wanted to talk about interest rates and how the Federal Reserve (Fed) communicates its interest rate policy. At a time when everyone believes that “more is better” when it comes to information, the new Chair of the Fed, Kevin Warsh, and others favour a different approach. Over the past twenty years or […]

Some Fed watchers have raised concerns about transparency surrounding what Chairman Kevin Warsh is thinking regarding interest rates.

Federal Reserve Chair Kevin Warsh is changing the central banks communication approach, reducing reliance on forward guidance and leaving markets to interpret economic data more…