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Rational Dissent Episode 009. Did the Fed Get it Right? Kevin Warsh delivered the first hike in a few years as persistent inflation bites; was it the right move? Available on YT, Apple, Spotify, Overcast, etc. --- Chapters 00:00 – Introduction & FOMC Rate Hike Overview 02:38 – Rising Bond Yields & Financial Conditions 08:02 – Structural Inflation & the Post-Pandemic Economy 24:10 – The 12–0 Vote & Threats to Fed Independence 29:10 – Eliminating Forward Guidance & Outro