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-1.56167832614235E-05 -1.59354931240014E-05 -0.00237438847545139 -0.00253374340668977 -0.00221503354421318 -0.00333051806288151 -0.00331458256975769 -0.00291619524166182
Stock impact report

Wall Street won't like it—but Kevin Warsh may mark the end of your chatty, neighborhood Fed chairman [Yahoo! Finance]

JP Morgan Chase & Co. (JPM) 
Last jp morgan chase & co. earnings: 4/14 06:43 am Check Earnings Report
Company Research Source: Yahoo! Finance
His nominated replacement, Kevin Warsh, wants their butts firmly and comfortably planted—preferably on a deep, over-stuffed couch. “The central bank should find new comfort in working without applause and without the audience at the edge of its seats,” he told an International Monetary Fund lecture last year. For many years, Warsh has advocated for a “backseat Fed.” He has been critical of the central bank's perceived over-communication, which he says leads to market expectations and potentially broken promises. Wall Street, in the early days, will likely be uncomfortable with the change. Investors and analysts have grown accustomed to a level of transparency from the Fed. Powell helpfully sharing his views on the economy in monthly press briefings, and there are updates from regional bank presidents on how they see the path of monetary policy shaping up. During the recent period of heightened economic uncertainty, such signals have been all the more welcome. Until yesterday, ma Show less Read more
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