From The Economist.

Donald Trump has tapped Kevin Warsh to lead the Federal Reserve. But what does Warsh really stand for? So far markets have reacted positively to his nomination, but some fear he is in the pocket of the president and could do some serious damage to the economy. Zanny Minton Beddoes, The Economist’s editor-in-chief, Edward Carr, deputy editor, and a panel of our economics editors unpack ‘Warshanomics’, and ask how it would work in practice.

#US #Economics #Trump #Warsh #FederalReserve

00:00 – What is ‘Warshanomics’?
01:09 – Kevin Warsh’s shifting monetary-policy stance
03:51 – How does the Fed’s rate-setting committee work?
04:59 – Could Warsh’s intellectual gambit pay off?

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