Meet the New Boss, Same as The Old Boss’: James Thorne Says Kevin Warsh Failed His First Fed Test After Rate Hike, Warns Another Increase in October
James Thorne said Fed Chair Kevin Warsh failed the test, as Wednesday's rate hike shows no real policy change.
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Why It Matters
The Federal Reserve raised interest rates again. Some people think the new leader did not make real changes to how things work.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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