Treasury Action Not a Fed Game Changer for September, Says Evercore’s Guha

Krishna Guha, vice chair and head of central bank strategy at Evercore ISI, says the US Treasury Department’s move to increase its planned purchases of outstanding 10-year to 30-year debt “certainly complicates things” for Federal Reserve Chairman Kevin Warsh, but won’t impact the central bank’s September decision on interest rates. (Source: Bloomberg)