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Michael Feroli

Coverage of Michael Feroli in the Nexus archive.

Earliest in view: Aug 1 · 20:27 UTCMost recent: Aug 1 · 20:27 UTC

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BUSINESSAug 1 · 20:27 UTCFORTUNE
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.