World & BusinessThe case against Fed rate hikes during supply shocks
A commentary criticizing the “Warsh Fed” predicts more rate hikes and a “massive policy mistake,” rejecting the idea that growth and price stability are an either-or choice.
TLDR
In a September 24, 2026, commentary, a user argues that the Fed wrongly treats growth and price stability as competing goals. They criticize rate hikes in response to tariffs and wage growth, warn against hikes amid negative growth and supply shocks, and accuse the Fed of favoring Wall Street over Main Street.
The case against Fed rate hikes during supply shocks
A commentary criticizing the “Warsh Fed” predicts more rate hikes and a “massive policy mistake,” rejecting the idea that growth and price stability are an either-or choice.
TLDR
In a September 24, 2026, commentary, a user argues that the Fed wrongly treats growth and price stability as competing goals. They criticize rate hikes in response to tariffs and wage growth, warn against hikes amid negative growth and supply shocks, and accuse the Fed of favoring Wall Street over Main Street.