Story thread · 2 reports / 1 sources

IBM’s Gary Cohn on Warsh’s Fed, Yen Intervention, Markets

bloomberg.com · 8dShare

IBM Vice Chairman Gary Cohn says, “the market became addicted to knowing what the Fed was going to do” as he discusses market reaction to Federal Reserve Chairman Kevin Warsh’s handling of the US central bank. Cohn also discusses Japan and the US Treasury Department working together to shore up the yen and the instabilities being dealt with by markets. He speaks on “Bloomberg Surveillance.” (Source: Bloomberg)

First report: Warsh Is Reverting Fed to Historic Norms, Gary Cohn Says — bloomberg.com, 8d