Back in June Timiraos dropped the bombshell during the Federal Reserve blackout period:
- WSJ Fedwatcher Nick Timiraos is just out with a new report previewing the FOMC.
“A string of troubling inflation reports in recent days is likely to lead Federal Reserve officials to consider surprising markets with a larger-than-expected 0.75-percentage-point interest rate increase at their meeting this week,” he writes.
The report is speculation but it taps into the old-style Fed leaks.
That post, as was Timiraos, was spot-on.
Timiraos has thus been crowned the new Hilsenrath (you may remember his role during the Bernanke Fed as a provider of Fed-insider info).
Over the weekend this tweet from Mr. T:
If it were anyone else tweeting this it wouldn’t raise an eyebrow, but when it’s the Fed whipererer/leaker … it does.