Economic··Severity 7
Warsh Presser ‘A Little Bit Rocky,’ Says James Bullard
Former St. Louis Fed President James Bullard calls the reaction in the 30-Year US Treasury to Federal Reserve Chairman Kevin Warsh’s press conference on Wednesday “nerve wracking” for a central banker. Bullard says Warsh needed to create more optionality in September and that “markets obviously didn’t like this.” (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.
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41%Эскалация
Forecast derived from cascade analysis. Watch confirmation indicators below.
Primary source: Bloomberg Markets
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