Meet the New Boss, Same as The Old Boss’: James Thorne Says Kevin Warsh Failed His First Fed Test After Rate Hike, Warns Another Increase in October
James Thorne, Chief Market Strategist at Wellington Altus, said Federal Reserve Chair Kevin Warsh has failed the test, as his handling of Wednesday’s rate hike shows the Fed’s underlying policy approach hasn’t changed under new leadership. Following the Same Playbook Thorne said Warsh’s Jackson Hole remarks, the intere