-
Trump and the Federal Reserve have beef. Here's what could happen next
President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. But what if, as many economists expect, interest rates remain elevated, well above their pre-pandemic lows? Trump could point a finger at the Federal Reserve, and in particular at its chair, Jerome Powell, whom Trump himself nominated to lead the Fed. During his first term, Trump repeatedly and publicly ridiculed the Powell Fed, complaining that it kept interest rates too high. Trump’s attacks on the Fed raised widespread concern about political ... (full story)
- Comments
- Subscribe
- Comment #1
- Quote
- Dec 5, 2024 11:48pm Dec 5, 2024 11:48pm
- The Fool
- Joined Apr 2009 | Status: Live and learn. | 1651 Comments | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake
- Comment #2
- Quote
- Dec 5, 2024 11:52pm Dec 5, 2024 11:52pm
- The Fool
- Joined Apr 2009 | Status: Live and learn. | 1651 Comments | Online Now
"If The Fool persists in his Folly he will become wise." - William Blake
- Comment #3
- Quote
- Dec 6, 2024 12:50am Dec 6, 2024 12:50am
- Cobra
- Joined Mar 2006 | Status: Member | 35 Comments
Never Ever Give Up!
- Comment #4
- Quote
- Dec 6, 2024 3:21am Dec 6, 2024 3:21am
- Dutchy Daxy
- Joined Jul 2012 | Status: Member | 100 Comments
"It's better to be out wishing to be in... than to be in wishing to be out!
- Comment #5
- Quote
- Dec 6, 2024 3:53am Dec 6, 2024 3:53am
- oriostic1
- | Joined Dec 2024 | Status: Junior Member | 1 Comment