The Fed's Tightrope Walk: Can Warsh Balance Politics and Principle? The Federal Reserve, under its new chairman, Kevin Warsh, is walking a delicate balance between conflicting interests and competing priorities.
At the recent Jackson Hole conference, Warsh sought to dispel concerns that he might compromise on inflation fighting measures in order to appease his former patron, Donald Trump.
Warsh's commitment to keeping inflation within the Fed's 2% target rate is reassuring, especially considering the current elevated levels of 3. 7%.