Chair Warsh hiked into an inflation cocktail of Iran energy shocks, tariffs, and AI buildout costs — and Trump wanted cuts. Housing already frozen; businesses feel the three-way squeeze. Was the Fed protecting the dual mandate, or slamming the brakes too hard?
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Right call — tariff/war/AI inflation isn't transitory vibes.
Should have held. Housing is already in a deep freeze.
Cuts were never realistic with diesel ripping higher.
Not buying that. right call — tariff/war/AI inflation isn't transitory vibes.
Warsh vs Trump tension is the story. Policy still looks data-ish.
Sure, and should have held. Housing is already in a deep freeze.
Hiking into supply shocks is textbook debate fuel.
Sure, and cuts were never realistic with diesel ripping higher.
Should have cut for Main Street. Wall Street will be fine either way.