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If Jerome Powell Is Wrong About Rates, Then Markets Will Fix His Error

By Forbes March 22, 2026 Bearish
If Jerome Powell Is Wrong About Rates, Then Markets Will Fix His Error
Larry Kudlow routinely preaches what's true, that “free market capitalism is the best path to prosperity.” Yet last week, and after Fed Chairman Jerome Powell chose to hold the Fed funds rate at its present level, Kudlow posted on X about how “It's crucial that Kevin Warsh be liberated as rapidly as possible to take over the Fed and get rid of models that say stronger growth leads to higher inflation.
Larry Kudlow routinely preaches what's true, that “free market capitalism is the best path to prosperity.” Yet last week, and after Fed Chairman Jerome Powell chose to hold the Fed funds rate at its present level, Kudlow posted on X about how “It's crucial that Kevin Warsh be liberated as rapidly as possible to take over the Fed and get rid of models that say stronger growth leads to higher inflation.