INVESTINGLIVEEamonn Sheridan
After 15 years of word-watching, markets may benefit from a Fed that talks less
Fed Chair Warsh held rates at 3.5-3.75% , stripped cut-bias language from a shorter policy statement, skipped the dot plot, and announced five task forces to overhaul Fed operations including communications. Warsh said less and meant more, and markets are only beginning to price
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