Fed, Trump and Jerome Powell
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Where’s all the inflation from the Trump trade wars? So far, the evidence really hasn’t shown up — but many economists say it’s coming soon, perhaps as soon as next week.
WASHINGTON, July 9 (Reuters) - U.S. President Donald Trump on Wednesday called on the Federal Reserve to lower the federal benchmark interest rate by at least 3 percentage points, renewing his call for the U.S. central bank to lower rates to help reduce the cost to service the nation's debt.
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Cryptopolitan on MSNTrump turns up the heat on Powell as monetary feud deepensSpeaking to reporters earlier this week, Trump argued that interest rates should be three points lower, blaming Jerome Powell for costing the country significant money and holding back the US from being the world’s top economic performer.