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“These forecasts have been abysmal. My dots wouldn’t be perfect either, so I wouldn’t give them.” Fed Chairman Kevin Warsh has spent 15 years arguing the central bank says too much. Wednesday is his first meeting. My story on the quiet revolution he wants: www.wsj.com/economy/cent...
www.wsj.com
For decades, the central bank believed talking openly made its policy work better. Its new chairman believes the opposite.
Kevin Warsh Wants the Fed to Stop Explaining Everything
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Nick Timiraos