Beth Hammack, president of the Cleveland Fed, posted on LinkedIn hours after the jobs report that "today's jobs report reaffirms that the labor market appears to be roughly in balance" and that she "believe[s] persistently high inflation is the bigger concern." If recent inflationary trends continue, "it may soon be appropriate to act," she concluded.

Beth Hammack, president of the Cleveland Fed, posted on LinkedIn hours after the jobs report that "today's jobs report reaffirms that the labor market appears to be roughly in balance" and that she "believe[s] persistently high inflation is the bigger concern." If recent inflationary trends continue, "it may soon be appropriate to act," she concluded.

Taking One Last Beth Before the Fed Blackout…

Federal Reserve Governor Powell, who vowed to be a "low-profile" Fed governor in support of Chairman Warsh, made sure everyone still heard him in his first speech after handing over the chairmanship.

Federal Reserve Governor Powell, who vowed to be a "low-profile" Fed governor in support of Chairman Warsh, made sure everyone still heard him in his first speech after handing over the chairmanship.

Governor Powell’s First Speech Doesn’t Sound ‘Quiet’ was first published on EconReporter on June 1, 2026

What if I tell you the Fed officials actually disagreed more at times during the zero-against vote period than in the last meeting? This is what the FOMC minutes-based Hidden Dissent Index indicates.

Powell Hands Warsh a Dissent Surge, But Not Really a Divided Fed was first published on EconReporter on May 28, 2026

What if I tell you the Fed officials actually disagreed more at times during the zero-against vote period than in the last meeting? This is what the FOMC minutes-based Hidden Dissent Index indicates.

Federal Reserve governor Chris Waller on Friday cast serious doubt on the textbook look-through strategy to handle the Iran War-induced inflationary pressure — or what we fashionably called the "War? Sh~" strategy. And he is not the only central banker who has expressed reservations.

Central bankers are pushing back against the ‘War? Sh!’ strategy — why look-through may no longer be a good idea…

Federal Reserve governor Chris Waller on Friday cast serious doubt on the textbook look-through strategy to handle the Iran War-induced inflationary pressure — or what we fashionably called the "War? Sh~" strategy. And he is not the only central banker who has expressed reservations.

Peter Navarro's Fox News op-ed this weekend is, on the surface, a warning about Powell's shadow power over Warsh's Fed. Read differently, it is a permission slip.

Navarro gives Warsh the excuse to hike was first published on EconReporter on May 25, 2026

Kevin Warsh will officially take charge of the Federal Reserve on Friday as he will be sworn in as the next Fed chair at a White House ceremony hosted by President Donald Trump, Fox News’s Edward Lawrence reported. Reuters then reported, citing unnamed White House officials, that Trump will not only host the ceremony but will […]

Trump to swear Warsh in as Fed chair on May 22 was first published…

Kevin Warsh will officially take charge of the Federal Reserve on Friday as he will be sworn in as the next Fed chair at a White House ceremony hosted by President Donald Trump, Fox News's Edward Lawrence reported. Reuters then reported, citing unnamed White House officials, that Trump will not only host the ceremony but...

Let's get this straight: Warsh hates forward guidance. But if we look at the three dissent statements from the Reserve Bank Presidents who voted against the FOMC decision, we can see that forward guidance is not a thing that Fed officials will easily concede.

Warsh’s Forward Guidance Paradox was first published on EconReporter on May 10, 2026

Powell announced his intention to stay at the Fed board after his term as chairman ends on May 15. The amount of time he will remain at his governor position, which will only expire in Jan 2028, is still to be determined, as Powell said it will depend on whether the legal attacks by the Donald Trump administration are "well and truly over with finality and transparency."