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

Odaily Planet Daily reports “Fed Whisperer” Nick Timiraos posted on X platform: Trump said he believes Fed Chairperson Waller is on the dovish side within the Federal Open Market Committee (FOMC). The day before, White House National Economic Council Director Hassett made similar remarks; a week earlier, Treasury Secretary Bessent stated he hopes the Fed will maintain an “open attitude” towards inflation and expects the Fed to ease policy this year. A new era of “forward guidance”…