Warsh: I’ve focused too much on monetary policy
Fed chair vows to pay more attention to supervision, payments systems and consumer affairs
Kevin Warsh has said he has focused too much on monetary policy during his first few months as chair of the Federal Reserve, and indicated that he would shift to other focus points at the US central bank.
Speaking to the International Monetary Fund’s managing director Kristalina Georgieva at the institution’s annual meetings in Bangkok on October 16, Warsh said he had “failed” in his first 148 days as Fed chair because he had not paid enough attention to supervision, regulation, payment systems
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