Article
"The Kevin Warsh Era Has Arrived With A Bang": Wall Street Reacts To Warsh's First FOMC
"The Kevin Warsh Era Has Arrived With A Bang": Wall Street Reacts To Warsh's First FOMC
Below is a snapshot of several kneejerk reactions from some Wall street economists, strategists and traders:
Anna Wong, head economist at Bloomberg:
“The Kevin Warsh era has arrived with a bang – in the form of a dramatically shortened FOMC policy statement and a dot plot that didn’t contain any dot from the chairman himself. That marks a break from the eras of former chairs Jerome Powell, Janet Yellen, and Ben Bernanke. But the rest of the committee...
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Authored by Naveen Athrappully via The Epoch Times,
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The U.S. Supreme Court is expected to decide in the coming days whether President Donald Trump can remove Federal Reserve Board of Governors member Lisa Cook from her post - an extraordinary step that would mark the first presidential firing of a Fed official since the central bank's founding in 1913 and directly test the institution's independence from political interference.
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