16 Hrs
Source:
وكالة الأنباء القطرية
Qatar Natl Bank discusses US monetary policy under Warsh
The National Bank of Qatar has reminded that the upcoming shift in U.S. Federal Reserve policy under the leadership of Kevin Warsh is headed towards reassessing the balance between forward guidance and decision flexibility to address increasing economic challenges. It explained that previous periods, especially during Greenspan's tenure and the global financial crisis, saw a greater reliance on discretionary authority or clear communication to steer markets, with policy approaches changing after major crises, notably during the COVID-19 pandemic. The current strategy is expected to evolve into a more flexible and responsive approach to economic shocks, while maintaining an important balance between transparency and decision-making flexibility. This aims to enable the Federal Reserve to better handle complex challenges such as rising geopolitical uncertainty, changing sources of inflation, and economic growth fluctuations.
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