New Federal Reserve Chair Kevin Warsh is significantly reducing the central bank’s communication, particularly “forward guidance” on interest rates. This move, aimed at making markets less reliant on Fed signals, has already caused market volatility. Analysts warn this could lead to higher borrowing costs for consumers and businesses, contrasting with previous chairs who used guidance to stabilize markets and lower rates.
CAS effect: Pre-open session rules to change from today. What changes for investors?
The change is important for traders who usually place orders closer to the end of the pre-open session. Under the new system, they will no
September 7, 2026