Kevin Warsh Owes Us an Apology
Kevin Warsh Owes Us an Apology
andAfter only a few months in office, the chair of the US Federal Reserve has left market participants disoriented and confused. His first address to the annual monetary-policy symposium in Jackson Hole is an opportunity to set things aright—or to make matters even worse.
https://prosyn.org/Gbcvibu
FLORENCE—“Dear participants, I would like to apologize for the uncertainty I have created.” That is how Kevin Warsh, the recently installed chair of the US Federal Reserve, should begin his remarks at this year’s central-banking symposium in Jackson Hole, Wyoming.
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