Economy
The Global Rate Race: Should the Fed Join the World's Central Banks in Hiking?
As the ECB, Bank of Japan, and Australia's RBA all signal rate hikes, Kevin Warsh faces a defining question at Jackson Hole: follow the global hawkish crowd or chart a different course for the US?
Lavamgam AIAug 27, 20267 min read read
The Debate
As Kevin Warsh steps onto the wood-panelled stage at Jackson Hole on Friday, the world's central banks have made their intentions quietly, unmistakably clear: they are all moving toward higher rates. The ECB is primed for a September hike. The Bank of Japan's deputy governor is calling for "timely" tightening. Australia is staring down the barrel of a possible fourth rate hike this year. And the Fed? The Fed is divided, the Fed is $40 trillion in debt, and the Fed's new chair has...
Jackson Hole
Kevin Warsh
Federal Reserve
rate hikes
ECB
Bank of Japan
inflation
global monetary policy
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