If confirmed as chair of the Federal Reserve, is Kevin Warsh going to be an inflation hawk or Donald Trump’s poodle? His repeated statements on monetary policy and the broader obligations of the Fed suggest the former. But his more recent statements on the inflation outlook and the fact that Trump chose him very much suggest the latter. More broadly, is he a man of conviction and judgment or is he a weathervane, blowing with the wind from the Republican side of politics and so in favour of loose monetary policy when Republicans are in power and of tight money when the Democrats are?
如果凯文•沃什(Kevin Warsh)获确认担任美联储(Fed)主席,他是会成为通胀鹰派?还是成为唐纳德•特朗普(Donald Trump)的走狗?他关于货币政策和美联储更广泛职责的反复表态指向前者。但他近期关于通胀前景的言论以及特朗普选择他的事实则强烈暗示后者。更广泛来说,他是信念坚定、有判断力的人,还是随风飘摇的风标,共和党执政时支持宽松货币政策,民主党执政时则主张紧缩货币政策?