Jerome Powell is leaving
Warsh is not a monetary hawk, he’s a partisan hack that’s always for high rates with a Dem in the WH and easy money for Repubs. Just wait for the rationalizations to come as he argues for rate cuts from day one.
I agree, I don't think Trump would have nominated an independent thinking chairman. He wants a chairman that will champion lower rates and more QE.
Nice one. I’m writing my about the fed at the moment. Episode coming out next week
Eras are transitory…
Warsh is not a monetary hawk, he’s a partisan hack that’s always for high rates with a Dem in the WH and easy money for Repubs. Just wait for the rationalizations to come as he argues for rate cuts from day one.
I agree, I don't think Trump would have nominated an independent thinking chairman. He wants a chairman that will champion lower rates and more QE.
Nice one. I’m writing my about the fed at the moment. Episode coming out next week
Eras are transitory…