Fed Chair Kevin Warsh talks a big game, but this market indicator will tell you if Wall Street trusts him after he caused a ‘credibility shock’

"The bottom line is that an important part of the Fed’s credibility is not just to say that it has certain goals but also to explain how it will achieve those goals."

Wall Street just limped through its roughest stretch in months, and every investor is asking the same nervous question: Is the worst over in the stock market, or is the selloff just getting started?

Fed Chair Kevin Warsh is reportedly thinking of cutting down the number of regular meetings where the central bank sets interest rates – which would be one of the biggest changes to the body’s operations in decades.

Investors saw Warsh’s press conference as dovish, but a closer reading of the Fed chair's prepared remarks suggests he may be close to raising interest rates.

Investors warned that the Fed must show commitment to inflation fight after Wednesday’s selloff.

The bond market isn’t buying what Fed Chair Warsh is selling  Reuters

Don’t freak out about Kevin Warsh’s ‘credibility’  edition.cnn.com

U.S. stocks are rebounding after Microsoft leaped on hopes that its big spending on AI is yielding profits, while computer-chip companies clawed back some of their sharp recent losses

Event contracts revenue rose more than 10x year-over-year to $156 million, helping drive a 32% gain in total net revenues

Bloomberg Daybreak Europe is your essential morning viewing to stay ahead. Live from London, we set the agenda for your day, catching you up with overnight markets news from the US and Asia. And we'll tell you what matters for investors in Europe, giving you insight before trading begins. On today's show, US 30-year t

The Fed is a player, not a referee

Kevin Warsh Asked the Market to Speak. It Answered.  wsj.com

The British Isa has once again reared its head. We report this week that Standard Life chair Nicholas Lyons has argued that the tax-free wrapper on a stocks and shares Isa should be restricted to investments in UK assets. “Do we really want to be lowering the cost of capital for American companies by giving…