Nick Timiraos ✓

Peter Navarro to Steve Bannon: "Steve, I can't say this enough. If that Federal Reserve raises rates right now, a careless rate hike, it would hit precisely the sectors America needs most to prosper. Factory construction, capital investment, machinery, housing, manufacturing. And 134.7K views · 324 likes · 46 reposts · 54 replies Open on X →

Wage growth over the last 12-months slowed to 3.1% in August, the lowest of the current cycle. (A bit firmer, at 3.3%, for private sector production and nonsupervisory workers). https://t.co/7R7wZYvoXd 72.4K views · 280 likes · 62 reposts · 15 replies Open on X →

Trump expresses his ongoing irritation with how economic indicator reports that provide any evidence of overheating lead stocks to pull back. He renews his demand for lower interest rates: "The Fed Board, with its great new leader, must get smart - BE PATRIOTS for a change." htt 172.5K views · 530 likes · 98 reposts · 96 replies Open on X →

The August inflation data still seem likely to drive the decision to hike or hold in September, but the solid August employment data at a minimum removes an obstacle to a rate increase https://t.co/jM2i2W0Hop 65.1K views · 213 likes · 41 reposts · 18 replies Open on X →

New York Fed President John Williams maintained his view that "the trend in inflation" is "moving slowly down as some of the effects of the tariffs can move into the rearview mirror." In his CNBC interview, he didn't sound like someone itching to raise rates, but does note that 68.7K views · 296 likes · 51 reposts · 31 replies Open on X →

@NickTimiraos Bessent does not understand we are in a long term bear market in bonds and that the war on Iran has nothing to do with it. 1.2K views · 40 likes · 4 reposts · 1 replies Open on X →

@NickTimiraos Ya right… Bessent is the secretary of financial gaslighting. Warsh, Bessent and the boys are trying to keep Humpty Dumpty together until after the midterms. For the record, I voted for Trump all three times, what he’s trying to accomplish is the right thing but th 1K views · 4 likes · 0 reposts · 2 replies Open on X →

@NickTimiraos “The next six months” Didn’t they say that we would be growing at 5% six months ago ? 566 views · 9 likes · 0 reposts · 1 replies Open on X →

Bessent says he expects interest rates will fall once "we get on the other side" of the Iran conflict, and that today's AI investments could be "extremely disinflationary" with results showing up "in the next six months." "The economy here is very, very strong and I think we're 189.5K views · 637 likes · 127 reposts · 100 replies Open on X →

Nick Timiraos ✓@NickTimiraos1 Sep

A war that won't end is complicating the Fed's next move https://t.co/zbF7Lzmrho 75K views · 318 likes · 47 reposts · 25 replies Open on X →

Nick Timiraos ✓@NickTimiraos1 Sep

@NickTimiraos Market took Jackson Hole speech as forward guidance and did the job for him Warsh can hold now 1.1K views · 14 likes · 0 reposts · 2 replies Open on X →

Nick Timiraos ✓@NickTimiraos1 Sep

Fed governor Michael Barr says he would back a September rate increase if inflation “appears not to be moderating sufficiently.” The key outlook passage from his speech: “If trends in the data give me some confidence that inflation is moderating on a path to 2%, then I think we 75.8K views · 315 likes · 61 reposts · 24 replies Open on X →

Nick Timiraos ✓@NickTimiraos31 Aug

Trump: ""I have a lot of respect for [Warsh] and he’ll do what he has to do." "I think our interest rates are too high." https://t.co/Y1ZmHMBMjv 25.3K views · 94 likes · 10 reposts · 5 replies Open on X →

Nick Timiraos ✓@NickTimiraos31 Aug

Bessent: "It is my belief that we've seen a supply shock. And traditionally, you don't raise [interest rates] into a supply shock unless you see second or third order effects, and we are seeing the core inflation has remained very, very restrained." https://t.co/sb17BUN31i 278.1K views · 605 likes · 102 reposts · 46 replies Open on X →

@NickTimiraos @OhNoezzz No pre-commitment, of course. But, paraphrasing: (1) recent good inflation data weren't all that comforting; (2) the labor market is about at full employment; and (3) financial conditions aren't tight. The key is going to be comforting inflation data. 258 views · 1 likes · 0 reposts · 0 replies Open on X →

@NickTimiraos @OhNoezzz It’s written clearly. But isn’t that Warsh’s potential strategy? All bark, no bite? 181 views · 1 likes · 0 reposts · 0 replies Open on X →

@NickTimiraos Thanks for the reply Nick, and fair enough 👍 sorry I didn't actually read the article, I had assumed it was behind a paywall 829 views · 1 likes · 0 reposts · 1 replies Open on X →

@OhNoezzz I tried to reflect this point of view in the article; perhaps it didn’t get across. https://t.co/wmin5LpbBp 57.7K views · 22 likes · 3 reposts · 3 replies Open on X →