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Damn, how did I miss that in real time.... He really said that... not Claude hallucinating from the Youtube transcript right...? "The path to central bank heaven requires delivering on our remit, and these days that means delivering on price stability."

J.P. Morgan’s Feroli on Fed chair Warsh’s presser: “It's hard to know what to make of Warsh’s remarks, which involved a lot of well-turned phrases but little in the way of a coherent macro view.”

*US FORCES BEGAN LAUNCHING STRIKES AGAINST IRAN AT 8PM ET

The guy who literally can create "unlimited" amount of credit is not credible ~~~

Warsh is very Trump-like in assuming makers will simply believe anything he says. Well, he said nothing, so markets filled in the blanks … Creditibilty lost in the second meeting, and only a hike will get it back. And a hike in Sept will infuriate Trump. Welcome to the new job, mate.

I kind of wonder whether his words work for specific groups? Like MAGA? Conservatives? Powell haters? I mean, hard to imagine someone like this kind of speech

Two meetings in, the Warsh doctrine thus far seems to be “words, not deeds” when it comes to inflation.

Chicken Hawk

The most annoying question one could ask Warsh (with the caveat that you don’t really get answers to anything) would go something like: “You’ve said, ‘“Inflation’s a choice, meaning monetary policymakers need to choose lower prices.’ Are monetary policymakers choosing to bomb Iran?”

You think El Erian liked that?

Photo editors FTW @bloomberg.com www.bloomberg.com/news/article...

@nicktimiraos.bsky.social the camera cut to you sitting there absorbing his lecture. Sorry, that looked painful. Warsh clearly is not a Keynesian Economist. It’s a development, I guess, idk how I feel about it but I don’t appreciate being lectured to, and sorry you had to sit there and take it.

The world is saved!!!!

@mckonomy.bsky.social what a cut-to-the-quick question, and what a generic answer, and the “markets” slip up in his answer… idk

Multiple Poppycock Warning on Warsh Fed Meeting #1

Bank of Canada picked today to release meeting summary is clever 🫵🫵🫵

Regardless of whether Canada retaliates if the Section 338 tariffs are imposed, I don't think it makes sense to publicly threaten retaliation beforehand, so this seems like the right way to talk about things for the moment.

Hyperinflation don't count!!! ✊😀

Do, or Do not, there is no talk?