Analysis based on ~40 FOMC meeting transcripts from 2006–2011, covering the period when Kevin Warsh served as a Fed Governor, including the Global Financial Crisis.
Warsh consistently leaned toward relatively tighter monetary policy compared to his peers. The divergence is most visible around 2010, his final year on the Board.
Source (credits):
https://www.linkedin.com/feed/update/urn:li:activity:7423141356945981440/
https://i.redd.it/jwwi6thcmkgg1.png
Posted by Desi4Economics
3 Comments
His hawkish score is 0.2 points higher! I’m so scared! (I think)
nightmare flashbacks to 2009 rn
This chart is irrelevant- he’s a Trump sycophant and a partisan hack. He was only hawkish until the moment Trump took office. Rates will drop, inflation will fly, and investors will continue fleeing the sinking ship of America.