MD Global Macro @TS_Lombard, macro themes/research/risks, central-bank specialist, started career at HM Treasury in late 90s, ex ABN AMRO, AC Milan fan
easy: "these guys are political - they will vote for a hike anyway" and "if I dont go along with it, the bond market could take it very badly..." [Bessent nods sagely]
@darioperkins Okay, assuming Warsh informed President Trump about the interest rate hike beforehand—But I wonder how did the Fed Chair justify the decision? "It’s not me, it’s the economy, stupid! " .. (??)