Fed Chair Warsh: Central Bank Staying Out of Market Signals
Fed Chair Warsh said the central bank is avoiding interference with market signals, noting that markets have reacted more directly to events over the past 42 days.
Fed Chair Warsh indicated that the Federal Reserve is deliberately not intervening in market dynamics, emphasizing that it is trying not to interfere with the market signal.
He noted that over the past 42 days, markets have reacted much more directly to events, and the Fed is currently in a watch-and-wait mode, staying out of the fray for now.
Source: First Squawk