A ‘Credibility Shock’ Looms Over the Fed

Scritto il 30/07/2026

da Andrew Ross Sorkin, Bernhard Warner, Sarah Kessler, Michael J. de la Merced, Niko Gallogly, Brian O’Keefe, Sri Muppidi and Ian Mount

Bonds sold off sharply after the Federal Reserve’s latest rate decision, signaling growing turmoil between the markets and the central bank.The markets have reacted strongly to the news conference given by Kevin Warsh, the Fed chairman.