Warsh’s first FOMC meeting—a hawkish path that makes Powell the (scape)GOAT

On top of the Fed's official objectives — "maximum employment" and "2% inflation" — now sits a third: that economic growth needn't be answered with rate hikes, and perhaps even that a strong economy can still warrant rate cuts. How should Warsh handles that? Warsh’s first FOMC meeting—a hawkish path that makes Powell the (scape)GOAT was first published on EconReporter on June 16, 2026