Bloomberg editor departs after Fed leak
Chris Wellisz, a top Bloomberg editor who on Wednesday afternoon inadvertently broke an embargo of highly sensitive Federal Reserve data, left the company Thursday, reports Kevin Dugan of The New York Post.
Dugan writes, “The 15-year veteran of the financial news giant had published a single headline about July Fed meeting information 24 minutes before a 2 p.m. “embargo” agreement.
“The early headline, which suggested that the central bank was getting closer to raising interest rates, caused Treasury bond prices to tumble before the Fed released the full minutes to the public.
“Wellisz was a well-regarded team leader for US economic policy who started his Bloomberg career in Singapore and Japan, according to his LinkedIn profile.
“The editor left Bloomberg’s Washington bureau on New York Avenue just before 2:30 p.m., according to two sources. Morale in the office is extremely low, sources said.”
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