Comment by datsci_est_2015
5 hours ago
Bring this energetic criticism onto Warsh, whose speech was nauseatingly political in comparison to his predecessor. Paraphrasing ~ “I’m not data-driven, I’m trend-driven”. Frankly speaking, he sounded like a dumbass who failed his way upwards into a position of meaningful power, much like the rest of the government at the moment. Warsh also refused to give a target or a forecast.
The OP that you’re criticizing is simply making a prediction, and he doesn’t work at the fed.
It was hard to watch and ended abruptly. Perhaps the only 2 reporters that kind of tried to challenge the contradictions in his approach were Nick Timiraos and Michael McKee.
I think that one obvious question that no one asked him, is why not cancel the post FOMC press conference if he opposes forward guidance and won't even explain what data guides his vote when asked about it.