Fed may talk less and let markets lead. That could spell more volatility for India
· economictimes.indiatimes.com
US Federal Reserve chief Kevin Warsh’s push to reduce forward guidance and shrink the Fed’s balance sheet could increase global market volatility and capital flows. RBI may need a more flexible policy approach to respond quickly to interest-rate and currency swings.
Much seems to be happening at US Fed under Kevin Warsh . As the most powerful central bank in the world, the entity that has the 'exo rbi tant privilege' of pri...