Fed’s Warsh Rebuked by Investors Craving a Real Inflation Fight

Kevin Warsh’s bare-bones communication style has left investors doubting his commitment to curb inflation, putting more pressure on the new Federal Reserve chairman to back up his words with interest-rate hikes. Matt Miskin, Co-Chief Investment Strategist John Hancock Investment Management, discusses the divergent equity and bond reaction this morning to the FOMC decision. (Source: Bloomberg)