Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’

Federal Reserve Chairman Kevin Warsh's failure to signal commitment to fighting inflation has caused a 'credibility shock,' with market reactions like the bond yield curve indicating skepticism. Economists suggest a potential September rate hike to restore trust, as Warsh's ambiguous statements on inflation tools and forward guidance rattled markets.