The Kevin Warsh Era Begins at the Fed

Inflation Explained with Fexingo: CPI, Prices, and the Cost of Living for Everyday People · May 19, 2026 · 7m

In the debut episode of Inflation Explained with Fexingo, Lucas and Luna dissect the seismic leadership change at the Federal Reserve. Kevin Warsh is sworn in as chair on Friday, inheriting an economy where inflation has surged back above 4% and investors are pricing in a rate hike by July. The hosts walk through Warsh's history as a crisis-era Fed governor, his hawkish instincts, and the 'bond vigilante' threat that could force his hand. Along the way, they crunch the April CPI number (332.4, up 0.7% month-over-month) and ask whether the soft-landing narrative is dead — or…