Macro· ★★★★· neutral·

Warsh: Fed will again withhold forward guidance

  • Warsh: the Fed will not give forward guidance this time either
  • The market is left without signals on the future rate path
  • The statement came alongside the FOMC meeting
Why it matters: The absence of forward guidance raises volatility: traders will get no steer on rates, amplifying the reaction in bitcoin and risk assets.
Source: Blockmedia