Rise and shine: Warsh's Fed rate test

日本为何疯狂扩军

The Intelligence from The Economist

2026-09-17

21 分钟
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单集简介 ...

The Federal Reserve has raised interest rates for the first time since July 2023. For the central bank’s new chair Kevin Warsh, that decision was a test both of monetary policy and politics. A governor’s election in Okinawa is a boon to Japan’s military ambitions. And why summer is a casualty of climate change. Guests and host: • Archie Hall, acting economics editor • Moeka Iida, East Asia reporter • Andrew Miller, special correspondent • Rosie Blau, co-host of “The Intelligence” Topics covered: • Federal Reserve, Kevin Warsh, interest rates, inflation • Okinawa, Japan • Summer, climate change, heatwave Listen to what matters most, from global politics and business to science and technology—subscribe to The Economist. Hosted on Acast. See acast.com/privacy for more information.
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  • The Economist.

  • Hello and welcome to The Intelligence from The Economist.

  • I'm Rosie Blau.

  • Today on the show, a boost for Japan's defense build-up,

  • and is it the end of summer forever?

  • First up, though.

  • Last weekend, I visited Okinawa,

  • an island in Japan's south famous for tourism and beautiful beaches.

  • But I wasn't there for the beaches.

  • Moeka Iida is our East Asia reporter.

  • I watched Koga Genta deliver a speech at a rally

  • surrounded by an enthusiastic crowd.

  • Koga was running in the prefecture's governor election

  • that was held on September 13th.

  • He repeated his campaign slogan: "Move Okinawa forward."

  • Although Koga had been leading in the polls,

  • many people were surprised when the results came out.

  • He won in a landslide, getting more than 400,000 votes,

  • more than any candidate in the prefecture's history.

  • He beat Tamaki Denny, a popular incumbent