Bessent mocks WSJ's Nick Timiraos as stenographer reduced to Fed gossip under Warsh leadership
“One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJ’s Nick Timiraos, reduced to reporting Fed backroom gossip because they’re incapable of performing real economic or monetary policy analysis without being spoon-fed.”
Bessent mocks WSJ's Nick Timiraos as stenographer reduced to Fed gossip under Warsh leadership
“One of the highlights of the Warsh Fed has been watching stenographers posing as journalists, like the WSJ’s Nick Timiraos, reduced to reporting Fed backroom gossip because they’re incapable of performing real economic or monetary policy analysis without being spoon-fed.”
Bessent cites core inflation at 2.5 percent moving toward Fed's 2 percent target
“Show me where communism has ever worked before—whether it’s the Soviet Union, Cuba, or Venezuela. With these policies, you always end up with less. Core inflation, which came out days ago, was 2.5%—a very good number, moving toward the Fed’s 2% target. What we’ve seen over the https://t.co/SDS7w8pwn9”
Bessent cites core inflation at 2.5 percent moving toward Fed's 2 percent target
“Show me where communism has ever worked before—whether it’s the Soviet Union, Cuba, or Venezuela. With these policies, you always end up with less. Core inflation, which came out days ago, was 2.5%—a very good number, moving toward the Fed’s 2% target. What we’ve seen over the https://t.co/SDS7w8pwn9”