JD FOSTER: The Fed Lags Again As Bessent Seeks An Open Minded Successor
1 sourceUpdated Jul 1, 2026
With the focus on the Federal Reserve cutting the funds rate again on Wednesday, we’re reminded of Chair Jay Powell’s Trumpian sobriquet of “too late Jay,” that he exits in May, and that Treasury Secretary Bessent is…
Claim check
What each side asserts, disputes — or leaves out entirely.
Where do you land?
Whose framing of this story rings truest to you?
Coverage
Comments
Ask this story anything:
Free account · your comment posts right after signup

