{"version":"1.0","type":"rich","provider_name":"Acast","provider_url":"https://acast.com","height":250,"width":700,"html":"<iframe src=\"https://embed.acast.com/$/d556eb54-6160-4c85-95f4-47d9f5216c49/6aabb60b964bc344092c48cd?\" frameBorder=\"0\" width=\"700\" height=\"250\"></iframe>","title":"Rise and shine: Warsh’s Fed rate test","thumbnail_width":200,"thumbnail_height":200,"thumbnail_url":"https://open-images.acast.com/shows/62e286a934d4d93d6587424a/1789638067710-8ba98bd0-7670-4e7e-b14e-e9dc743a4f5e.jpeg?height=200","description":"<p>The <a href=\"https://www.economist.com/leaders/2026/09/10/kevin-warsh-should-raise-interest-rates?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">Federal Reserve</a> 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 <a href=\"https://www.economist.com/asia/2026/09/16/an-electoral-result-that-helps-japans-defence-buildup?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">Okinawa</a> is a boon to Japan’s military ambitions. And why <a href=\"https://www.economist.com/culture/2026/09/10/say-goodbye-to-summer-not-just-this-years?utm_campaign=a.io&amp;utm_medium=audio.podcast.np&amp;utm_source=theintelligence&amp;utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&amp;utm_term=sa.listeners\" rel=\"noopener noreferrer\" target=\"_blank\">summer</a> is a casualty of climate change.</p><p><br></p><p>Guests and host:</p><ul><li>Archie Hall, acting economics editor</li><li>Moeka Iida, East Asia reporter</li><li>Andrew Miller, special correspondent</li><li>Rosie Blau, co-host of “The Intelligence”</li></ul><p><br></p><p>Topics covered:&nbsp;</p><ul><li>Federal Reserve, Kevin Warsh, interest rates, inflation</li><li>Okinawa, Japan</li><li>Summer, climate change, heatwave</li></ul><p><br></p><p><em>Listen to what matters most, from global politics and business to science and technology—</em><a href=\"https://subscribenow.economist.com/podcasts-plus\" rel=\"noopener noreferrer\" target=\"_blank\"><em>subscribe to The Economist</em></a><em>.</em></p><p><br></p><p><br></p>","author_name":"The Economist"}