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DIFFERENT FOCUS
NPR Economy emphasized Uncertainty, Fed-Treasury Tension; Fox Business emphasized Hawkish Clarity, Forward Guidance Reform.
LEFT FOCUS
- ▸The speech left investors without a clear path forward on rate policy. — NPR Economy
- ▸David Wilcox of the Peterson Institute previewed what economists hoped Warsh would clarify. — NPR Economy
RIGHT FOCUS
- ▸Warsh outlined his view that the Fed's forward guidance should be significantly reined in. — Fox Business
- ▸Warsh said forward guidance should be reserved only for economic or financial crises. — Fox Business
- ▸Labor market data is 'broadly consistent with full employment,' despite softer monthly jobs figures. — Fox Business
