Business & Finance
Bessent's Buybacks Versus Warsh's Rate Reality
Key Points
Treasury Secretary Scott Bessent and Fed Chairman Kevin Warsh seem to have different instincts on some important policy issues — including whether to boost the economy or restrain it, and how much to communicate about policy inclinations. Aoifinn Devitt, Managing Director: Global Wealth at Moneta Group, discusses the markets, expectations for Kevin Warsh's Jackson Hole speech, and Bessent's treasury buybacks.
Treasury Secretary Scott Bessent and Fed Chairman Kevin Warsh seem to have different instincts on some important policy issues — including whether to boost the economy or restrain it, and how much to communicate about policy inclinations.
Aoifinn Devitt, Managing Director: Global Wealth at Moneta Group, discusses the markets, expectations for Kevin Warsh's Jackson Hole speech, and Bessent's treasury buybacks. (Source: Bloomberg)