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The Fed could be making inflation even hotter with its promises of rate cuts. That's according to former Fed Governor Kevin Warsh, who says the central bank is "goosing" the economy. AdvertisementThe Federal Reserve could be mucking up the economy with its promises that it will cut interest rates later this year, according to former central banker Kevin Warsh. Related stories"The Treasury Department, the Federal Reserve … are goosing this economy," Warsh said. "A Fed promising to cut rates even as asset prices are melting up."
Persons: Kevin Warsh, , Warsh Organizations: Service, CNBC, Federal Reserve, Fed, Treasury Department, Federal
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFormer Fed Governor Kevin Warsh: I'm less impressed about the strength of the U.S. economy todayKevin Warsh, Hoover Institution distinguished visiting fellow and former Federal Reserve Governor, joins 'Squawk Box' to discuss the relationship between economic and geopolitical instability, state of the U.S. economy, the Fed's interest rate outlook, and more.
Persons: Kevin Warsh, I'm Organizations: Former, Hoover Institution, Federal Reserve Locations: U.S
The Bond Market’s Message
  + stars: | 2023-10-06 | by ( Kevin Warsh | ) www.wsj.com   time to read: 1 min
This copy is for your personal, non-commercial use only. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. https://www.wsj.com/articles/the-bond-markets-message-federal-reserve-inflation-monetary-policy-53557ae5
Persons: Dow Jones
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailFmr. Fed Governor Kevin Warsh explains why the Fed needs to strengthen the banking systemKevin Warsh, former Federal Reserve Governor and Hoover Institution visiting fellow, joins 'Squawk Box' to discuss the recent bank failures, the Fed's rate hike campaign, and more.
Persons: Kevin Warsh Organizations: Fed, Federal Reserve Governor, Hoover Institution
The U.S. Needs Economic Regime Change
  + stars: | 2023-03-20 | by ( Kevin Warsh | ) www.wsj.com   time to read: 1 min
History will give a full accounting of the grave errors committed in recent years in economic policy. The costs of the Federal Reserve’s zero-interest policy are multiplying: The misallocation of capital—goosing the price of the riskiest and least-productive of assets—set the conditions for boom and bust. The financing of the “big state” set the country on an unsustainable fiscal trajectory. The extraordinarily loose financial conditions created herd behavior among market participants and firms and complacency among policy makers, including regulators. The surge in inflation substantially raised the cost of living for citizens and undermined business planning.
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