The Hand on the Dial

An 'independent' central bank meets a president who publicly orders the rate.

Unsigned MSI house political cartoon: The Hand on the Dial

Source article: Warsh's Jackson Hole address as Fed chair confronts bond market selloff.

Column metadata
Published
Pen name
Editorial Board
Topic tags
economy
Primary entities
Kevin Warsh, Federal Reserve, US Treasury, Donald Trump, Scott Bessent, Jackson Hole
Themes
monetary policy, inflation, bond markets, central bank independence, fiscal policy
Floor values engaged
Accountability of power, Truthfulness, Informed citizenship