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Warsh can't even give a straight answer to questions like "What is your target?" and "What factors did you weigh in your decision?" and "What are you even doing with your time in the job?" Even markets, which should (and initially did) love the decision, plunged when he opened his mouth.

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It's like he just woke up as Fed Chair yesterday Quantum Leap style and has been spending the past 24 hours in a cold sweat clicking through Investopedia.