The Fed Returning to Pre-Financial Crisis Times? Wash Eliminates ‘Hints’ on Interest Rate Direction

조선일보

Lean Right

Factuality

Ownership

The blueprint unveiled by Kevin Warsh, the new chairman of the U.S. Federal Reserve, is sparking various interpretations on Wall Street. Through a statement and press conference following the Federal Open Market Committee meeting on the 17th to decide the benchmark interest rate, he revealed the vision of the Fed he intends to build; however, some opinions suggested that his approach was less radical than expected. Nevertheless, contrary to his …