In his testimony to Congress last week, Fed Chair nominee Kevin Warsh emphasized the importance of Federal Reserve (Fed) independence.
Warsh appeared open to a more nuanced interpretation of inflation in an environment shaped by AI-driven productivity gains, tariffs, and oil-related shocks.
Warsh signaled an interest in reducing the size of the Fed’s balance sheet, while being explicit that this isn’t something that can or should happen quickly.
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By Brian Levitt, Chief Global Market Strategist and Head of Strategy & Insights
This week, I’m going to take a brief break from talking about the conflict with Iran. Not because it lacks importance, but because
