, Columnist
Warsh Wants Fed Regime Change. Here’s Where to Start
Change agent.
Photographer: Samuel Corum/BloombergKevin Warsh, the US president’s nominee to chair the Federal Reserve, has called for “regime change” at the world’s most powerful central bank.
He should start by following the example of Europe: Help markets understand how the central bank will respond to future events, rather than merely what it’s thinking at the moment.