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Launch
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Is it new Fed hawkish?
Wall Street Journal reporter Nick Timiraos, who asked: “Chairman Warsh, you’ve said repeatedly credibility is earned by delivery. If credibility requires delivering, the move would be to tighten or at least threaten to. Now you, you didn’t do that today. Why not?”
To that, Warsh replied: “The judgment you expressed was not expressed by any of the 19 people around the table. We’ll be meeting in six weeks, and we’ll take up that issue again.”