Kinda funny to see Warsh and Bessent fighting each other over this. Warsh letting go of forward guidance in name of letting the market do whatever and Bessent increasingly (albiet ineffectually) intervening. Also Warsh and the governors likely to raise rates sometime while Bessent is trying to keep bond yields down (and depress long term rates).
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Kinda funny to see Warsh and Bessent fighting each other over this. Warsh letting go of forward guidance in name of letting the market do whatever and Bessent increasingly (albiet ineffectually) intervening. Also Warsh and the governors likely to raise rates sometime while Bessent is trying to keep bond yields down (and depress long term rates).