Lark Davis|Jul 15, 2026 07:24
Inflation Tax just got a pink slip.
New Fed Chair Kevin Warsh told Congress he's ending it, calling it a "regime change" for Fed policy when he spoke to the House Financial Services Committee as part of the congressionally mandated semiannual monetary policy report.
Low inflation means low interest rates and low interest rates mean a risk asset party.
The question is, with the war in Iran still going, can he actually keep that pledge?(Lark Davis)
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