Michael McKee

speaker
1,101 appearances 196 recordings 2 series first heard Aug 2025 last heard 10 Sep

Michael McKee’s voice in public audio — every appearance, attributed to the second.

Trend

recordings per month · last 12 months
40 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 193 in all, peaking in Jan 2026 with 40.

Appearances

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And then the continuing claims number rises to 1,777,000. matched
That's down from 1,799,000. matched
That raises the cost of transport transporting things inside the United States.
So with the war driving up costs, especially for not just energy, but other commodities, the president had waived the Jones Act and said anybody can transport this stuff, which had a minor effect on the cost of energy and gasoline.
And now he's renewed it for ninety days, but he's taken some of the commodities that were covered on it out.
That raises the cost of transport transporting things inside the United States.
So with the war driving up costs, especially for not just energy, but other commodities, the president had waived the Jones Act and said anybody can transport this stuff, which had a minor effect on the cost of energy and gasoline.
And now he's renewed it for ninety days, but he's taken some of the commodities that were covered on it out.
He basically has been repeating what he has said for quite some time that uh it's up to Walsh to make a decision, but that he has a committee.
And when he's saying that it's not up to him uh uh uh completely, it's he's referring to the fact that there are eleven other voting members of the nineteen member committee, and so Walsh can't make move interest rates by himself.
That was something people talked about for a long time.
The president seems to have learned that lesson now.
One of the things that's happened is that people on Wall Street have misunderstood a little bit of what Warsh is talking about.
He wants to get rid of the forward guidance, such as we will keep this rate unchanged until we get to X date or X condition in the economy, versus if inflation continues to rise, we will have to consider what we're going to do, which is the reaction function.
And those two things have gotten confused with people on Wall Street.
One of the things that's happened is that people on Wall Street have misunderstood a little bit of what Warsh is talking about.
He wants to get rid of the forward guidance, such as we will keep this rate unchanged until we get to X date or X condition in the economy versus...
If inflation continues to rise, we will have to consider what we're going to do, which is the reaction function.
And those two things have gotten confused with people on Wall Street.
An effort to kind of keep the markets from overreacting to the press conference that Warsh had and the criticism he's received since then.
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