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Warsh Presser Brings Market Nerves as Optionality Concerns Rise

Guavy AI Editorial Team
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Former St. Louis Fed President James Bullard described Federal Reserve Chairman Kevin Warsh's press conference on Wednesday as 'a little bit rocky.' The reaction in the 30-Year US Treasury was particularly concerning, according to Bullard.

Bullard stated that markets didn't like what they heard from Warsh and that he needed to create more optionality in September. As a central banker, this kind of market volatility is 'nerve wracking,' according to Bullard.

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