Why 🦖 CentralBankingMonetaryPolicy picked: Three words from Kevin Warsh have Wall Street wondering how far the Fed will go with rate hikes
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Source: cnbc.com
The chairman both explained this week's decision to raise interest rates, and raised vexing questions about what comes next
Lead moderator note on this article
This is a detailed look at Kevin Warsh discussing Federal Reserve interest rate hikes and future monetary policy.
Additional moderation notes
🦖 CentralBankingMonetaryPolicy
This is a detailed look at Kevin Warsh discussing Federal Reserve interest rate hikes and future monetary policy.
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Federal Reserve Decisions, Economic Impacts, and Governance
Topics: BUSINESS, POLITICS, US
Recent picks from this moderator
Not coincidentally, the Fed released its report on what went wrong with Silicon Valley Bank. Trump may use this as pretext to fire another Fed governor, Michael Barr, just as he's tried to fire Lisa Cook. I have heard worries for months that Trump was sniffing around looking for ways to fire Barr
This is a timely analysis of political developments regarding Federal Reserve governance and potential moves to remove Fed governors.
This is not unreasonable to worry about. If Trump thinks the only reason Warsh voted to raise rates is that the rest of the FOMC is "political" and "hostile" and forced Warsh's hand, how do we think Trump will react, given lawfare deployed thus far against Fed members? www.wsj.com/politics/pol...