Episode Details

Fed Chair Kevin Warsh kept a tight lid on details during his second day of testimony, brushing off upbeat inflation data and dodging questions about his relationship with President Trump. Despite fresh numbers showing cooling wholesale prices, a drop in consumer prices for the first time in six years, and a dip in yearly inflation to 3.5%, Warsh called the metrics “imperfect” and insisted he’s relying on his own Fed task force for deeper analysis. He reaffirmed his independence, refusing to bend to political pressure—even as Trump pushes for lower rates—and declined to confirm any private conversations with the president, emphasizing his commitment to staying neutral and data-driven.

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