Mike McKee

The thing about Warsh, and the reason you're seeing markets react the way they are at the moment, is that he was very, very hawkish when he was on the Fed before.

Even when inflation was low, he wasn't ready to cut interest rates.

And obviously, that's completely contrary to what President Trump wants.

So how does he handle that, and how does he see the role of interest rates in keeping the economy afloat and bringing inflation down?

The thing about Warsh, and the reason you're seeing markets react the way they are at the moment, is that he was very, very hawkish when he was on the Fed before.

Even when inflation was low, he wasn't ready to cut interest rates.

And obviously, that's completely contrary to what President Trump wants.

So how does he handle that, and how does he see the role of interest rates in keeping the economy afloat and bringing inflation down?

The thing about Warsh and the reason you're seeing markets react the way they are at the moment is that he was very, very hawkish when he was on the Fed before.

Even when inflation was low, he wasn't ready to cut interest rates.

And obviously, that's completely contrary to what President Trump wants.

So how does he handle that?

And how does he see the role of interest rates in keeping the economy afloat and bringing inflation down?

They do rise to 209,000 last week, but that's still a very, very low number.

Now, we should point out, you've heard a lot about

layoffs the last 48 hours or so, including more today from Dow, those will show up as jobless claims until those people's severance runs out.

So we wouldn't expect the numbers that we've heard this week to suddenly show up.

They do rise to 209,000 last week, but that's still a very, very low number.

Now, we should point out, you've heard a lot about layoffs the last 48 hours or so, including more today from Dow.

Those won't show up as jobless claims until those people's severance runs out.