Global FX Market Summary: Warsh Sinks USD, BoE Eyes Hikes,…
By Karthik Subramanian
Source excerpt · FinanceFeeds
Fed Chair Warsh's non-committal stance weakened the US Dollar, boosted foreign currencies, and left inflation and rate expectations in focus. Fed Chair Warsh Adopts a Non-Committal Stance and Shifts Away From Forward Guidance Federal Reserve Chair Kevin Warsh signaled a notable shift in communication strategy during his remarks in Bangkok, stating explicitly that he does not prejudge upcoming meet…