Kevin Warsh’s reluctance to signal where interest rates are headed has left the world unsure how he thinks about the economy or inflation. Fortunately, there’s a trove of evidence on exactly how he thinks.
As a Fed governor 15 years ago, Warsh was more worried about inflation than nearly all of his colleagues, and for years it didn’t materialize.
Kevin Warsh, a former Fed governor, expressed concerns about inflation 15 years ago, according to the WSJ Economy. At that time, he was more worried about inflation than nearly all of his colleagues, but it did not materialize.
There is no information available on how Warsh currently thinks about the economy or inflation.
Separately, President Donald Trump made 175 financial transactions in March, including purchases of at least $51 million in bonds, as reported by Yahoo Finance. The bonds purchased were primarily municipal bonds issued by public entities, as well as corporate bonds from companies such as Nvidia, Broadcom, and Microsoft.
Brief written by urgent.news from WSJ Economy, Yahoo Finance — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.
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