Markets penalize inconsistency, not policy There has been some confusion around the sharp rise in long-term interest rates following Fed Chair Warsh’s press conference… www.linkedin.com/pulse/market...
Markets penalize inconsistency, not policyThere has been some confusion around the sharp rise in long-term interest rates following Fed Chair Warsh’s press conference, with some commentators suggesting that the move in yields reflected Warsh’...www.linkedin.com