Former St. Louis Fed President James Bullard calls the reaction in the 30-Year US Treasury to Federal Reserve Chairman Kevin Warsh’s press conference on Wednesday “nerve wracking” for a central banker. Bullard says Warsh needed to create more optionality in September and that “markets obviously didn’t like this.” (Source: Bloomberg)
Former St. Louis Fed President James Bullard calls the reaction in the 30-Year US Treasury to Federal Reserve Chairman Kevin Warsh’s press conference on Wednesday “nerve wracking” for a central banker. Bullard says Warsh needed to create more optionality in September and that “markets obviously didn’t like this.” (Source: Bloomberg)
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