Robert Armstrong

speaker
1,703 appearances 12 recordings 3 series first heard Oct 2025 last heard 17 Sep

Robert Armstrong’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
3 · Jan OctJan 26AprJulnow

Recordings per month over the last 12 months — 12 in all, peaking in Jan 2026 with 3.

Appearances

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And I think what is hard
about that.
I mean, we can have a whole discussion, the the kind of literature and the debate about whether it's good or bad for a central bank to talk a lot.
Is fascinating and the debates are real and I definitely think Warsh has
An argument to make when he says it would be better if the Fed would shut up once in a while.
Yeah, I don't that is not something to be mocked.
But he wasn't really clear about what what he meant by that and how far those comments went and so forth.
And for a new fit.
uh chair to be in that position, especially one when outsiders are worried about the independence of the Fed.
That creates a lot of uncertainty.
So going into this Jackson Hole speech, I think the goal was clarification.
And I think he clarified and he clarified in a hawkish way.
And
He said a couple of interesting things.
One thing, and this was probably the most important, is he was emphatic.
Inflation is not getting better.
That's a very important comment 'cause in the past
In his confirmation hearing, here and there, he's been a little shakier on that point.
And he specifically said, as when you were off drinking a pina colada, wherever you were, some of us were watching the latest inflation reports coming in, uh, and they were a little bit mild, a little bit soft.
He specifically said, I don't find those reports convincing.
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