Tug of Warsh: will the new chair politicise the Fed?

The podcast presents three distinct global stories. First, it analyzes Kevin Warsh's potential impact as the next Federal Reserve chair, considering his historical stance on inflation versus Trump's desire for interest rate cuts, and how Warsh might reshape the Fed's structure and balance sheet. Second, it examines the upcoming elections in Thailand, focusing on the role of the monarchy, the dissolution of the Move Forward party, and the rise of the Thai Pride Party. Finally, it highlights the increasing popularity of Hong Kong's trams among tourists, particularly those from mainland China, and how this trend reflects broader shifts in tourism spending and government strategies.