Adam Posen
ON THE RECORD · 5 verbatim quotes · every quote source-verified
“Ideally, the Fed should never be making up their minds based on one last-minute piece of data,”
Adam Posen · said date not stated · reported 2026-09-14
Posen said the Fed should not make decisions based on a single last-minute data point, calling such readings backward-looking and noisy.
“putting the Fed directly back in the crosshairs of Trump's political ire.”
Adam Posen · said date not stated · reported 2026-09-14
Posen maintained that a rate hike would put the Fed back in the crosshairs of Trump's political ire.
“This is why when you say 'I don't want to do forecasts,' it's self-defeating. Otherwise, you're just reacting to a backward-looking, inherently noisy reading.”
Adam Posen · said date not stated · reported 2026-09-14
Posen argued that refusing to forecast is self-defeating because it leaves the Fed merely reacting to noisy backward-looking data.
“The irony of the guy working for Soros and Druckenmiller who broke the Bank of England back in 1992 pretending that you can do FX intervention alone, and lastingly defend a currency, is just amazing,”
Adam Posen · said date not stated · reported 2026-08-25
Posen told the Financial Times earlier this month that it was ironic Bessent, who worked with Soros and Druckenmiller when they broke the Bank of England, was pretending FX intervention alone could lastingly defend a currency.
“The entire world is now doing business, investing, and trying to make a living in the post-American world economy.”
Adam Posen · said date not stated · reported 2026-08-23
Adam Posen discussed the global economy adjusting to a diminishing economic role for the United States.