US Treasury Secretary Bessent says Fed Chair Warsh should have an open mind on the transitory nature of any supply shocks, speaking to CNBC
ORIGINAL · NewsquawkUS Treasury Secretary Bessent says Fed Chair Warsh should have an open mind on the transitory nature of any supply shocks, speaking to CNBCRead originalHide original
Trump has great confidence in Warsh handling of mandate. Fed is very attentive to being above inflation target for a long time. Warsh off to a great start. Iran is not able to get dollars, and funding for their proxies is going down Iran Operation Outcast is succeeding.
Bessent praised Warsh and discussed inflation, supply shocks and Iran, but the report provides little detail beyond his brief remarks.
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Trump has great confidence in Warsh handling of mandate. Fed is very attentive to being above inflation target for a long time. Warsh off to a great start. Iran is not able to get dollars, and funding for their proxies is going down Iran Operation Outcast is succeeding.
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