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Fed chair candidate David Zervos on his outlook for interest rates
CNBC Televisionยท2025-08-20 17:30

What I would do is try to coalesce the committee around the idea that policy is actually quite restrictive. I think that argument needs to be made and that argument is something I've been making in my research notes and in my analysis now for the better part of 8 to n months basically going back into the late uh well basically the fall of last year. And the idea, it's it's a little bit wonky, but but Kevin Worsh has been kind of pushing on this idea, good friend as well, um that the balance sheet of the Fed ...