Bessent warns 'mission drift' threatens Fed independence-
US Treasury Secretary Bessent:
When the Trump administration turned to tax cuts and deregulation, the Fed's forecasts were overly pessimistic
The Fed must change course
The Fed's toolkit is too complex to manage
The Fed's forecasts rely on flawed models-
The Fed must reduce the distortions it causes to the economy.
$Tesla(TSLA.US)$NVIDIA(NVDA.US)$Apple(AAPL.US)
The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
