Not a particularly weak report, but weak enough to push back on Fed hiking madness.
Donald L. Luskin
On the June FOMC
Wednesday, June 17, 2026
Warsh managed to rein in some of the madness sweeping central banks. Not all of it.
An Iran Deal Just in Time for Warsh’s First FOMC
Monday, June 15, 2026
We were right to rely on the oil futures curve to see through the fog of war. Will the Fed?
Open Letter to Kevin Warsh: The ECB Shows You What Not to Do
Thursday, June 11, 2026
As Goethe said, “There is nothing more frightful than ignorance in action.”
On the May Jobs Report: A Pressure Cooker for Warsh
Friday, June 5, 2026
A great report, and a great leadership challenge for our new Fed chair.
On the April Jobs Report, and the Boom Year of Living Joblessly
Friday, May 8, 2026
A recession requires a payroll contraction. But it takes no jobs growth to make a boom.
On the April FOMC
Wednesday, April 29, 2026
Three dissenters see nonexistent easing bias in the statement. They’re signaling something.
Warsh's Confirmation Hearing, and His Way Forward
Tuesday, April 21, 2026
Kafka would be right at home at this hearing. The next steps are clear, but very uncertain.
A "Fed-Treasury Accord" Could Work
Monday, April 20, 2026
Warsh and Bessent should be comfortable with such a banking maneuver from their days on Wall Street.
On March Jobs Report
Friday, April 3, 2026
Another alternating oscillation in payroll growth and contraction. The Fed will look through it.