Dan Nathan and Guy Adami dive into the recent remarks of Treasury Secretary Scott Bessent on Federal Reserve policies, analyzing conflicting viewpoints on job data and interest rate cuts. The conversation highlights concerns about politicization of economic data, historical inflation patterns, and the challenges faced by the Federal Reserve. They also touch on fluctuating market indicators like the VIX, crude oil, and Bitcoin prices. The episode concludes with a broader reflection on the impact of political actions on market stability and institutional trust.
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