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Fed official backs Warsh-led overhaul of investor communications

1 min read
Source: Financial Times
Fed official backs Warsh-led overhaul of investor communications
Photo: Financial Times
TL;DR

A top Federal Reserve official, Chris Waller, endorses Kevin Warsh's plan to overhaul how the Fed communicates with markets, arguing that 2020–21 forward guidance restrained rate decisions and contributed to inflation; Warsh has formed a task force to revamp communications with findings due by the end of 2026, while the Fed has moved away from traditional dot plots and clearer forward guidance in its policy signals.

Topics:businesseconomy#christopher-waller#economy#federal-reserve#forward-guidance#kevin-warsh#monetary-policy
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  1. Top Fed official backs new chair’s rethink of investor communications  Financial Times
  2. Fed’s Waller Says ‘Forward Guidance’ Needs to Be Flexible  Bloomberg.com
  3. Waller Defends Fed’s Use of Forward Guidance—in Contrast to Warsh  Barron's
  4. Fed's Waller says forward guidance 'more art than science'  American Banker
  5. Waller Cites Fall 2021 Guidance as Speeding M  Moomoo

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