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Economic··Severity 7

Wall Street Delivers Harsh Verdict on Warsh Fed

Federal Reserve Chairman Kevin Warsh has vowed to reestablish the central bank's reputation as an inflation fighter. But on Wednesday he had to defend why the bank has held rates steady yet again. Some investors say it's time for Warsh to be a little more clear on the Fed's direction. Jonnelle Marte explains why (Source: Bloomberg)

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Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.

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41%

Forecast derived from cascade analysis. Watch confirmation indicators below.

Primary source: Bloomberg Markets

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