Warsh Arrives to Make the Fed Great Again

Welcome back to Friday! This is the Breitbart Business Digest weekly wrap , written from a small bunker so many miles away from the White House that no one will ever doubt our independence.

But that’s not the sort of inflation the Fed worries about . The Fed doesn’t target the indexes deep inside the producer price index. It targets the personal consumption expenditure price index, which does not include the kind of corporate spending or prices driven up by AI. Even if Warsh moves the Fed away from its obsession with headline and core PCE prices, he’s not going to move the inflation target to focus on…

Read the full article at BREITBART.COM