Comment by Guerin Green

Governor Lisa Cook stepped up to the podium at the Council on Foreign Relations yesterday like a pilot announcing mild turbulence while the plane is already bucking like a rodeo bronc. Her speech, delivered with the characteristic Fed-speak that makes watching paint dry seem thrilling by comparison, nonetheless contained some genuinely sobering admissions about where this economic experiment is headed.

The headline? We’re basically flying blind through a trade war that’s reshaping the economic landscape faster than a drunk ox team can drag a kettle of fish on wheels. And Cook, to her credit, isn’t pretending otherwise.

The Uncertainty Principle, Federal Reserve Edition

Cook opened with the kind of diplomatic throat-clearing you’d expect—thanking the CFR, genufle

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