The populist case for ending easy money now (opens original article in a new tab)
The article argues that Kevin Warsh should lead the Fed to tighten monetary policy by ending its easy-money bias, as prolonged inflation has harmed the economy and the most vulnerable populations.
- Kevin Warsh should end the Fed's easy-money bias and tighten monetary policy now.
- The Fed has missed its inflation target for 63 months while the economy nears full employment.
- High inflation erodes savings and purchasing power, hurting the poor and middle class the most.
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