Why Kevin Warsh should think twice about hiking interest rates — even as anxiety over the Iran war grows

Memo to new Federal Reserve boss Kevin Warsh: Don’t believe the hype – we’re not coming out of a pandemic anymore. And hiking interest rates now would be a major mistake.
Reported by 1 outlet — New York Post. See all sources ↓
Memo to new Federal Reserve boss Kevin Warsh: Don’t believe the hype – we’re not coming out of a pandemic anymore. And hiking interest rates now would be a major mistake. The white-hot global inflation surge of 2022 clearly traumatized central bankers worldwide, and now they’re seeing boogeymen everywhere. They think high oil prices risk pumping all prices higher.
Read the full report at New York Post ↗
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- What's the story?
- Memo to new Federal Reserve boss Kevin Warsh: Don’t believe the hype – we’re not coming out of a pandemic anymore. And hiking interest rates now would be a major mistake.
- How widely is it covered?
- 1 outlet, average source rating 5.0/10.
- When was it last updated?
- 5m ago.
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Why Kevin Warsh should think twice about hiking interest rates — even as anxiety over the Iran war grows
Sources1TypeCoverageNew York Post