NeutralLOW severityRates & Fed1h ago

Here are the key things Fed Chairman Kevin Warsh said — and didn’t say — while Americans were sleeping Thursday night

Reported by MarketWatch · marketwatch.com ·

Federal Reserve Chair Kevin Warsh had an opportunity Thursday night to shape expectations heading into the central bank’s interest-rate-setting meeting in two week’s time — and in keeping with his practice of leaving markets guessing, he chose not to.

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Story context

What to watch: Rate path uncertainty favors short-duration positioning and quality balance sheets.

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What is already on the calendar

Monthly options expiration in 0 days and FOMC decision in 12 days. These are dates Wook already holds for the companies in this story. They are here because they are scheduled, not because this story has anything to do with them.

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