Fed
Fed Chair Warsh (Q&A): Economy is strong and economy is pointing in the right direction
ORIGINAL · NewsquawkFed Chair Warsh (Q&A): Economy is strong and economy is pointing in the right directionRead originalHide original
Productivity has been moving higher. Economic growth is higher, but that doesn't mean it is causing inflation. They are tightening financial conditions; tells him policy is working and not uncomfortable with it.
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Warsh described the economy as strong, noted higher productivity and growth without equating growth with inflation, and said tightening financial conditions indicate policy is working.
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Productivity has been moving higher. Economic growth is higher, but that doesn't mean it is causing inflation. They are tightening financial conditions; tells him policy is working and not uncomfortable with it.
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