Trump's goading of the Fed to keep rates low breaks a long-held practice of Presidents respecting Fed independence. Chairman Powell isn't poised to take the bait. But Trump's conduct is an opportunity for Powell to be more demonstrative in his public articulation of the Fed's stance and decisions.
Trump's goading of the Fed to keep rates low breaks a long-held practice of Presidents respecting Fed independence. Chairman Powell isn't poised to take the bait. But Trump's conduct is an opportunity for Powell to be more demonstrative in his public articulation of the Fed's stance and decisions.
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