Deep Tide TechFlow News, on February 3rd, according to Jinshi Data, Morgan Stanley believes that if Wosh were to become the Federal Reserve Chair, it could reduce the central bank's public communication and potentially increase the volatility of U.S. Treasuries. The firm reviewed Wosh's previous record as a Federal Reserve Board member and found that he tends to let the market form its own judgments about the economy and policies, rather than reinforcing the Fed's views.