“Fed Whisperer”: Trump Sets the Tone, Ushering in a New Era of “Forward Guidance” for the Fed

Odaily Planet Daily News “Fed Whisperer” Nick Timiraos posted on X platform: Trump stated that he believes Fed Chair Kevin Warsh is a dove within the Federal Open Market Committee (FOMC). This followed similar remarks made the day before by White House National Economic Council Director Kevin Hassett. A week earlier, Treasury Secretary Scott Bessent expressed hope that the Fed would maintain an “open attitude” toward inflation and predicted the Fed would ease policy this year. A new era of “forward guidance”…