In this image, charts ranging from oil and diesel prices to consumer confidence and housing affordability come together to form the shape of a ghost—implying that you don’t need to wait for Halloween to get a scare; sometimes, simply opening the business section is enough!
The newly-appointed Special Advisor to Bessent David Zervos and an advocate for interest rate cuts are seen at the image, the very same person who vowed not to cut his hair until the Federal Reserve lowered interest rates! Ghalibaf underlined.
Ghalibaf remarks came after Bessent claimed Operation Economic Outcast is delivering results: the rial has plunged to record lows, Iran loaded zero crude oil onto tankers last month, and even Iran’s top security official has admitted the country is facing one of the most difficult periods in its history……………
MNA/ 6970199
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