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Unhedged

The Fed’s silent treatment

22 min9 juli 2026

The US-Iran conflict is back on, inflation is sticky and US interest rates are steady — for now, anyway. Today on the show, Katie Martin and Rob Armstrong discuss the quieter Fed under new chair Kevin Warsh, and try to make sense of his silence. Also, they go long ducks and novelty political candidates from outer space. 


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You can email Robert Armstrong and Katie Martin at [email protected].


Read a transcript of this episode on FT.com


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