Economic··Severity 7
Why Bill Dudley Thinks Warsh's Approach to Fed Policy Is Flawed
Bill Dudley, a Bloomberg Opinion columnist and former president of the Federal Reserve Bank of New York, reacts to Fed Chairman Kevin Warsh's news conference following the central bank's decision to leave interest rates unchanged. Speaking on "Bloomberg Surveillance," Dudley says Warsh's silence was "quite deafening" and markets are showing there's a loss of credibility in the Fed. (Source: Bloomberg)
Scenario chain
Probabilities below are model estimates based on the event chain, horizon, and indicators. They are not outcome guarantees, investment advice, or emergency instructions.
A
41%Эскалация
Forecast derived from cascade analysis. Watch confirmation indicators below.
Primary source: Bloomberg Markets
Checking access status…