Lessons in communication for Kevin Warsh. With Chris Giles

Kevin Warsh's reticent July press conference likely contributed to the ongoing surge in US bond yields, Chris Giles argues.

• Trust scores diverge: Chris Giles rates central bank communication overall a 6/10; the ECB under Christine Lagarde tops the class with rising public trust, while the Bank of England and Fed sit at near-zero trust.
• Warsh's July stumble: Kevin Warsh's late-July press conference, where he declined to discuss the economy, coincided with US bond yields starting a sharp, ongoing climb.

Themes, sentiment and reasons are AI-written paraphrases, checked so they never quote an episode. They may contain errors. Not investment advice. Episodes remain the property of their creators.