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Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates

Warsh's gamble: A quieter Federal Reserve could mean volatile markets, higher rates
Photo: KPRC 2 / Click2Houston (NBC) · view original

The Federal Reserve has for decades moved steadily from a remote, opaque government agency that shared little about what it did or why to a more transparent institution willing to explain how it makes decisions and what it thinks about the economy. But in his first press conference last Wednesday...

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