Warsh Says There Was Much Agreement on Hard Questions

Why should rates not be higher today. There's a lot in there, Neil. So rates are higher today than they were 42 days ago.Markets have made decisions because we step back in part from trying to influence those market judgements have moved up on what nominal rates are across the Treasury curve. That doesn't mean we take them as by dictation, but we're observing them. So I think it's a mischaracterization to say that markets haven't reacted because we didn't move today.Markets are reacting in real time in the ...