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A Hawkish Version of No Forward Guidance
For a Chair who does not want to give forward guidance, Warsh was very effective in raising the market-implied probability of a Fed rate hike in September.

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For a Chair who does not want to give forward guidance, Warsh was very effective in raising the market-implied probability of a Fed rate hike in September.

Marketing communication / Non-Independent Research. This publication is issued by Coöperatieve Rabobank U.A., registered in Amsterdam, and/or any one or more of its affiliates and related bodies corporate (jointly and individually: “Rabobank”). Coöperatieve Rabobank U.A. is authorised and regulated by De Nederlandsche Bank and the Netherlands Authority for the Financial Markets. Read more
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