Evening news, Besent stated that U.S. employment in 2024 will be revised down by 800,000, implying that the job market has already shown significant cooling, and that the Federal Reserve's decision to not lower interest rates is a wrong choice.
Looking at the overall content of his conversations, it doesn't seem like he wants to release recession expectations, but rather seems to want to prove that Trump is right and the Federal Reserve is wrong.
I think it's just to speak on behalf of Trump, but I don't know if various media will interpret it as an early release of expectations for a ‘recession’ due to job market changes.
