Fed Chair Kevin Warsh gains reprieve from July payrolls in US; Fed room to stay patient amid data risk
Fed Chair Kevin Warsh gains reprieve from July payrolls in US; Fed room to stay patient amid data risk Weekly bond market update: Payrolls throw Warsh a lifeline Weekly bond market update: Payrolls throw Warsh a lifeline A soft jobs report eased the pressure after July’s FOMC stumble, but inflation will still decide what comes next. The softer jobs report provided Fed Chair Kevin Warsh with a needed reprieve after the poor market reception to July’s FOMC communication, giving the Fed room to stay patient. ...