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The Intelligence from The Economist

First rate: Kevin Warsh’s Fed debut

6/18/202625 min

As expected, the new Federal Reserve chairman kept rates steady. More interesting were what he did and did not say. How will he handle inevitable pressure from President Donald Trump? After nearly disappearing altogether, Germany’s left-wing Die Linke party is roaring back—particularly among the young. And a selection of our readers’ examples of upward-management tips and tricks.

Guests and host:

  • Archie Hall, US economics editor
  • Tom Nuttall, Berlin bureau chief
  • Andrew Palmer, Bartleby columnist
  • Rosie Blau, co-host of “The Intelligence”
  • Jason Palmer, co-host of “The Intelligence”

Topics covered: 

  • Federal Reserve, interest rates, monetary policy, Iran war
  • Germany, Die Linke, left-wing politics
  • management, managing management

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Clips

Viral Speech Rescues Die Linke
AI’s Inflation Reality Check
The Atwood’s Duck Maneuver
Coalition Dilemma Against AfD

Transcript preview

First 90 seconds

  1. Jason Palmer· Host0:00

    [upbeat music] The Economist. [upbeat music] Hello, and welcome to The Intelligence from The Economist. I'm Jason Palmer.

  2. Rosie Blau· Host0:13

    And I'm Rosie Bloor.

  3. Jason Palmer· Host0:15

    [upbeat music] Today on the show, Germany's left-wing Die Linke wins over the young, and a selection of our readers' hacks for managing managers. [upbeat music] First up, though. [upbeat music] President Donald Trump put Sharpie to paper yesterday, inking the long-awaited and much-touted deal with Iran. With that, a reminder that for all the power plays and posturing, he always has his eye on markets and money.

  4. Donald Trump· Soundbite0:57

    I didn't want to see economic catastrophe. If you kept this going, that could have happened. But all I know is every time we talked about the possibility of peace, the stock market shot up like a rocket ship.

  5. Jason Palmer· Host1:10

    You know who must have been glad Mr. Trump was preoccupied with Iran? Kevin Warsh, freshly minted chair of the Federal Reserve. It was rate-setting time yesterday, his first. What to expect from this lifetime hawk who got all dovish when angling for the job? From the next chair who should expect relentless Trumpian

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