First rate: Kevin Warsh’s Fed debut

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<p>As expected, the new Federal Reserve chairman kept rates steady. More interesting were what he did and did not say. How will he handle <a href="https://www.economist.com/leaders/2026/06/09/the-federal-reserve-must-soon-give-donald-trump-bad-news?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">inevitable pressure</a> from President Donald Trump? After nearly disappearing altogether, Germany’s left-wing Die Linke party is <a href="https://www.economist.com/europe/2026/06/17/germanys-left-wing-die-linke-party-has-won-over-the-young?utm_campaign=a.io&utm_medium=audio.podcast.np&utm_source=theintelligence&utm_content=discovery.content.anonymous.tr_shownotes_na-na_article&utm_term=sa.listeners" rel="noopener noreferrer" target="_blank">roaring back</a>—particularly among the young. And a selection of our readers’ examples of upward-management tips and tricks.</p><br><p>Guests and host:</p><ul><li>Archie Hall, US economics editor</li><li>Tom Nuttall, Berlin bureau chief</li><li>Andrew Palmer, Bartleby columnist</li><li>Rosie Blau, co-host of “The Intelligence”</li><li>Jason Palmer, co-host of “The Intelligence”</li></ul><p><br></p><p>Topics covered: </p><ul><li>Federal Reserve, interest rates, monetary policy, Iran war</li><li>Germany, Die Linke, left-wing politics</li><li>management, managing management</li></ul><p><br></p><p><em>Get a world of insights by </em><a href="https://subscribenow.economist.com/podcasts-plus" rel="noopener noreferrer" target="_blank"><em>subscribing to Economist Podcasts+</em></a><em>. For more information about how to access Economist Podcasts+, please visit our </em><a href="https://myaccount.economist.com/s/article/What-is-Economist-Podcasts" rel="noopener noreferrer" target="_blank"><em>FAQs page</em></a><em> or watch </em><a href="https://www.youtube.com/watch?v=Gczo71bg1uY" rel="noopener noreferrer" target="_blank"><em>our video</em></a><em> explaining how to link your account.</em></p> <hr><p style='color:grey; font-size:0.75em;'> Hosted on Acast. See <a style='color:grey;' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for more information.</p>