šÆćTop Fed Successor Criticizes Central Bank's Approach!ć
At the IMF Annual Meeting, former Fed governor Kevin Warsh ā seen as a leading candidate to replace Powell ā delivered sharp critiques:
āŖļø Fed talks too much and engages too deeply in social issues
āŖļø Frequent public comments restrict policy flexibility
āŖļø Overreliance on lagging, easily revised data is a mistake
āŖļø Calls for a return to a quieter, less public-facing Fed
Warsh's stance mirrors Trump's criticisms of Powell.
