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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 editorMoeka Iida, East Asia reporterAndrew Miller, special correspondentRosie Blau, co-host of “The Intelligence”Topics covered: Federal Reserve, Kevin Warsh, interest rates, inflationOkinawa, JapanSummer, climate change, heatwaveListen to…

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