The Fed announced a 30 day pause on cutting rates today, apparently to see some of the fallout from Trump’s various orders.
I can see this coming a mile away. Trump will push hard for rates to drop, and the Fed will keep their own counsel.
Could wind up being a power struggle between Powell and Trump. If nothing else will be interesting to watch.
I can see this coming a mile away. Trump will push hard for rates to drop, and the Fed will keep their own counsel.
Could wind up being a power struggle between Powell and Trump. If nothing else will be interesting to watch.
