-
Few thrills ahead for Trump from a Fed on a mission of its own
“Not thrilled” may become a regular state of mind for U.S. President Donald Trump in the months ahead, as the Federal Reserve is likely to press on with interest rate rises to recalibrate policy for an economy boosted by the president’s own tax cuts. Trump used the phrase “not thrilled” on Monday to describe his reaction to rate hikes under Fed Chair Jerome Powell who Trump selected for the job six months ago. Trump went on to say he wanted more help for the economy from the Fed. A day later, Dallas Fed President Robert Kaplan, who tends to align his views with those of Powell, released an essay that ... (full story)