Treasuries Look Vulnerable to Another Vague Warsh Speech The significance of a Warsh speech in shaping market expectations cannot be overstated.
The term "Warsh speech" was coined by Janet Yellen to describe former Fed Governor Jeremy Warsh's unpredictable and often confusing communications during his time at the central bank.
A Warsh speech typically refers to an unexpected utterance from a high ranking official that sends shockwaves through financial markets, often shrouded in vagueness.