Trump says his Fed chair announcement will come "early next year" and that he still can't get Bessent to take the job. He says inflation "will soon be at a perfect level." "Since last January we've stopped inflation in its tracks and there is still more to do. There's always more to do, but we have it down to a very good level. It's going to go down a little bit further. You want to have a little tiny bit of inflation, otherwise that's not good either. Then you have a thing called deflation. And deflation can be worse than inflation, but we have, it almost will soon be at a perfect level...." "And mortgage rates, despite the fact that we have an incompetent chairman of the Fed, a real dope who should reduce rates, I saw even Jamie Dimon said he should be reducing rates. I never saw Jamie Dimon say that. I wonder why he said that, but he really said it because he's right. But we have a guy that's just a stubborn ox who probably doesn't like your president, your favorite president, but they're going to be coming down. We'll be announcing somebody probably early next year for the new chairman of the Fed. I talked to Scott about taking the job, but he doesn't want it."(Nick Timiraos)