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Fed Chair Kevin Warsh Rattles Markets With Inflation Vow They Expect Him to Keep

As reported by NDTV Profit - Latest
Warsh used his maiden press conference to hail a "new chapter" for the central bank's relationship with financial markets - one based less on guidance and speeches and more on the data as it comes.
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Fed Chair Kevin Warsh, in his first press conference, announced a "new chapter" for the central bank's relationship with financial markets. He emphasized a shift from guidance and speeches towards a data-driven approach, stating an inflation vow. This move is expected to…

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