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MNI PODCAST: FedSpeak-Warsh-Stubborn Inflation Won’t Stop Cuts

Federal Reserve
(MNI) WASHINGTON
EXECUTIVE SUMMARY
  • Ex-Fed board governor Kevin Warsh says policymakers’ discussion about cutting interest rates and ending QT has already sharply loosened financial conditions.
  • “Inflation is quite likely to be well above target come Christmas time,” Warsh said.
  • Despite this, Warsh said Fed officials appear bent on cutting interest rates this year.
Listen to the full podcast here.
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com
MNI Washington Bureau | +1 202 371 2121 | pedro.dacosta@marketnews.com

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