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Lawmakers face questions on Fed transparency during Warsh testimony

Reported · Written up by our desk · Central Banks

Kevin Warsh is scheduled to testify before Congress this week, a development that has prompted calls for lawmakers to focus on how transparent the central bank is, according to MarketWatch.

The outlet argues that reducing press conferences would be harmful for the economy and for how consumers and investors interpret policy.

MarketWatch’s point is that lawmakers should use the testimony to ask more directly about the Fed’s communication approach and transparency.

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