John Carney and Michael Faulkender | 06-13-26

Larry Kudlow and his guests analyze a shift in the American economic landscape marked by improving inflation indicators despite "ugly" headline numbers. The panel highlights a significant drop in commodity prices, particularly gold and oil, as a signal that the underlying inflationary pressure is cooling and may soon give way to non-inflationary growth. A central theme of the discussion is the expected leadership of new Fed Chair Kevin Warsh, whom the experts hope will abandon "forward guidance" in favor of a data-dependent approach that does not view economic expansion as an inherent threat to price stability.