Financial Times on Nostr: How will the Fed handle Trump? ========== Federal Reserve cut interest rates by 0.25% ...
How will the Fed handle Trump?
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Federal Reserve cut interest rates by 0.25% to 4.5-4.75% two days after the US election; Jay Powell, nominated by Barack Obama, has served since May 2012; Trump’s potential tariffs could challenge Fed's response; Powell stated he would not resign if asked by Trump; Fed officials reportedly discussed a plan to counter a dangerous Fed chair nomination; economic modeling of Trump's policies remains uncertain; Trump’s election resulted in a uniform swing towards him across demographics, with inflation cited as a key issue.
#FederalReserve #Trump #InterestRates #Economy #Inflation #Policy #JayPowell #Election #Tariffs #CentralBanks
https://www.ft.com/content/49af1a6a-0817-42a1-b9e4-1455fc657ccb
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Federal Reserve cut interest rates by 0.25% to 4.5-4.75% two days after the US election; Jay Powell, nominated by Barack Obama, has served since May 2012; Trump’s potential tariffs could challenge Fed's response; Powell stated he would not resign if asked by Trump; Fed officials reportedly discussed a plan to counter a dangerous Fed chair nomination; economic modeling of Trump's policies remains uncertain; Trump’s election resulted in a uniform swing towards him across demographics, with inflation cited as a key issue.
#FederalReserve #Trump #InterestRates #Economy #Inflation #Policy #JayPowell #Election #Tariffs #CentralBanks
https://www.ft.com/content/49af1a6a-0817-42a1-b9e4-1455fc657ccb