Anna Wong(@AnnaEconomist):Many are pissed that Warsh didn’t hike, citing the credibility issue as the long end rises — but Warsh just kept in telling us he is happy that the long end has risen during the intermeeting period. The move in the long end is basically equivalent to a 25 bp hike. Warsh is probably happy about this —rather than see this as a bad thing. This will be restraining the economy with the squeeze on the housing market and financial conditions being immediate.

Anna Wong

@AnnaEconomist

Chief US Economist, Bloomberg LP @economics. Former Fed/CEA/US Treasury, PhD @uchi_economics BA @UCberkeley. All opinions are my own.

가입 May 2022

294 팔로잉 중 205.6K 팬

Anna Wong@AnnaEconomist

2026.07.29 19:52

Many are pissed that Warsh didn’t hike, citing the credibility issue as the long end rises — but Warsh just kept in telling us he is happy that the long end has risen during the intermeeting period. The move in the long end is basically equivalent to a 25 bp hike. Warsh is probably happy about this —rather than see this as a bad thing. This will be restraining the economy with the squeeze on the housing market and financial conditions being immediate.

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