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What are the Politics of a Fed Pivot? | Nick Timiraos
Hidden Forces
Is There a Role to Play?
I wonder how much of that is coordinated, not necessarily like Jay Powell's sitting in a room. But more like, you each have a role to play, right? We all know that Brainard is the liberal, progressive, more liberal-minded FOMC member. Or is it just literally like real-time disagreements that are coming out,. restrained by certain professionalism and expectations around what can and can't be said? Does that make sense? Is that a question? How much of it is assigned roles? I would be speculating, which I hate to do. Sometimes people read coordination in where there isn't any.
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