Warsh tightened more by pausing than by lifting rates, this bondmarket veteran argues. Here’s the math.
Aug 03, 2026
It sounds paradoxical, but Federal Reserve Chair Kevin Warsh may have tightened the economy more by not lifting interest rates than he would have by actually increasing them.
https://www.marketwatch.com/story/warsh-tightened-more-by-pausing-than-by-lifting-rates-this-bond-market-veteran-argues-heres-the-math-31cb15a1?mod=mw_rss_topstories
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