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Economics

Federal Reserve Shifts Away from Forward Guidance Under New Chief Kevin Warsh

In a significant policy shift, the Federal Reserve, led by its new Chair Kevin Warsh, has announced it will no longer utilize forward guidance regarding future monetary policy decisions.

2 min readThe Hill - NewsUpdated Jun 18, 10:26 AM
Interest RatesFederal ReserveKevin Warshmonetary policy
This story is using an image pulled from the original reporting.
Story change
A later update changed part of this story.
Before: In a significant policy shift, the Federal Reserve, led by its new Chair Kevin Warsh, has announced it will no longer utilize forward guidance regarding future monetary policy decisions.
Why it changed: New information came in after the story first went live, so the earlier wording is no longer the best short read.
Now: Warsh Overhauls How the Fed Talks and Keeps Markets Guessing on Rates WSJ Here are the five big takeaways from Kevin Warsh's first meeting as Fed chairman CNBC Fed Holds Rates Steady, but More Officials See Higher Rates as Next Move WSJ Warsh Makes His Case With Jargon, and a Penchant for Detail The…
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