Thomas Hoenig said Kevin Warsh’s refusal to signal the Fed’s next move was appropriate and gives policymakers flexibility ahead of the late-October meeting. Hoenig noted that inflation has risen and could climb further, citing energy costs and their spillover into core prices. He speaks with Romaine Bostick & Kristine Aquino on "The Close." (Source: Bloomberg)
Thomas Hoenig said Kevin Warsh’s refusal to signal the Fed’s next move was appropriate and gives policymakers flexibility ahead of the late-October meeting. Hoenig noted that inflation has risen and could climb further, citing energy costs and their spillover into core prices. He speaks with Romaine Bostick & Kristine Aquino on "The Close." (Source: Bloomberg)
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