The Intelligence

Rise and shine: Warsh’s Fed rate test

September 17, 2026
Rise and shine: Warsh’s Fed rate test

The Federal Reserve has raised interest rates for the first time since July 2023. For the central bank’s new chair Kevin Warsh, that decision was a test both of monetary policy and politics. A governor’s election in Okinawa is a boon to Japan’s military ambitions. And why summer is a casualty of climate change.


Guests and host:

  • Archie Hall, acting economics editor
  • Moeka Iida, East Asia reporter
  • Andrew Miller, special correspondent
  • Rosie Blau, co-host of “The Intelligence”


Topics covered: 

  • Federal Reserve, Kevin Warsh, interest rates, inflation
  • Okinawa, Japan
  • Summer, climate change, heatwave


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