Warsh: "I don't believe that the two parts of our mandate: Price stability and full employment, are working at cross purposes over the medium term." #KevinWarsh #FederalReserve
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Warsh said the committee's unanimous vote to raise rates shows its commitment to achieving price stability #KevinWarsh #FederalReserve
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Not surprisingly, $gold has seen solid selling pressure since Warsh started talking. Spot gold last traded at $4,271.50 an ounce, down 0.46% on the day.
#KevinWarsh #FederalReserve https://t.co/Xpij0ZE9ls
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Fed's Warsh describes the rate hike as "removing a dose of accommodation. He added that, given the geopolitical uncertainty, the economy remains resilient #KevinWarsh #FederalReserve
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Right out of the gate, Warsh sets a hawkish tone: Today's policy action will support a timelier return to the Committee's 2% goal. This Committee will deliver price stability. #KevinWarsh #FederalReserve
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