Today’s Split

Sunday, March 29, 2026
Finance

Warsh's Rate Cuts: Inflation Cure or Powder Keg

Ray Vega

Ray Vega

The Skeptic

Ray Vega argues Warsh's rate cuts into 2.8% inflation and an oil shock repeat the Fed's 2021 mistake of acting on forecasts instead of data.

Read Ray Vega’s Take
Marcus Cole

Marcus Cole

The Institutionalist

Marcus Cole argues Warsh's modest rate cut paired with aggressive QT is a disciplined recalibration, not an inflation risk, because the Fed is already near neutral.

Read Marcus Cole’s Take