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Kevin Warsh: The 'credibility deficit' lies with the incumbents that are at the Fed
CNBC Televisionยท 2025-07-17 13:06
the changing of the goalpost that you mentioned earlier where the the Fed cut uh 50 basis points right before the election, 50 basis points right after the election. What was different was we have a new president, a new administration, and the tariffs came in. And I think even you back in January in your oped piece for the Washington Post pointed out that look, the Fed's job is to make sure that the tariffs don't turn into an inflationary pressure.I think that's right. I believe that. But here's what's happ ...