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Federal Reserve Chair Kevin Warsh plans to maintain his lean messaging approach at the US central bank despite investor resistance, according to reports.
The chair remains confident, the report said, that sweeping reforms will eventually bring key investors to his side.
No retreat signaled Warsh's decision to hold course comes as markets have registered clear objections to his communications posture.
Holding to a lean-messaging framework while absorbing that pressure is a deliberate choice, one the chair appears prepared to defend. No specifics on what constitutes the reforms were included in the report.
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