# The MOU and Warsh: A Changing Macro Landscape

Page: https://stenobird.com/podcast/notes-on-the-week-ahead-645171/the-mou-and-warsh-a-changing-macro-landscape
Text version: https://stenobird.com/podcast/notes-on-the-week-ahead-645171/the-mou-and-warsh-a-changing-macro-landscape.md
Podcast: [Notes on the Week Ahead](https://stenobird.com/podcast/notes-on-the-week-ahead-645171)
Published: 2026-06-22T12:43:57+00:00
Episode link: https://notesontheweekahead.podbean.com/e/the-mou-and-warsh-a-changing-macro-landscape/
Audio file: https://mcdn.podbean.com/mf/web/8gmqvnnv374wqx3m/notwa_audio_062226_v1aa88p.mp3
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JSON: https://stenobird.com/v1/public/podcasts/notes-on-the-week-ahead-645171/episodes/the-mou-and-warsh-a-changing-macro-landscape
Duration seconds: 631

## Resource

Last week, as a frothy stock market continued to zigzag across a high plateau, two events occurred with significant implications for the macroeconomic outlook. First, the President signed a Memorandum of Understanding with Iran, potentially bringing the Iran war to a close. Second, Kevin Warsh presided over his first meeting as Fed Chairman, resulting in a slightly more hawkish tilt to monetary policy in the short run and the promise of significant reform in the long run.

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## Transcript

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