Kevin Warsh really is the top man for the job at the Federal Reserve. President Trump has made a superb decision. The brilliant and popular Kevin Hassett will remain as the director of the National Economic Council. And the wise Scott Bessent will stay at the Treasury. It’s a very strong economic team that will hopefully nurture the supply-side productivity-led boom, that has already begun to sprout from the One, Big, Beautiful Bill legislation, authored by Mr. Trump, and signed into law by him on July 4, 2 ...

Kudos to Fed board members Stephen Miran and Chris Waller for dissenting at today’s Open Market Committee meeting. In favor of lowering the Fed funds by one quarter of a percentage point. The economy is in a disinflationary supply-side boom. Growth is strong, but inflation pressures are actually easing. Some quick numbers: over the past three months, the core personal consumption expenditures price index has increased only 2.3 percent annually, and has been coming down. The three-month core consumer price i ...