A former Fed colleague of Kevin Warsh on what to expect: ‘Plan for higher rates’

Esther George, a long-time advocate for tighter monetary policy, suggests that Kevin Warsh might be forced to raise interest rates despite his previous reluctance. George, who served as a Federal Reserve colleague and often dissented in favor of stricter policies, argues that the current economic conditions necessitate a proactive approach to curb inflation. This insight highlights the ongoing debate within the Federal Reserve about the best strategies to manage economic stability, underscoring the potential shift in policy direction under Warsh's leadership.