Trump’s case against Fed chair Powell
US President Donald Trump doesn’t like Federal Reserve chair Jay Powell. What he plans to do about it is an open question.
Swamp Notes · Financial Times
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Show Notes
The US president is angry with the chair of the Federal Reserve over interest rates. He’s applying a lot of pressure on Jay Powell to lower them or leave his job. The FT’s Claire Jones and Adam Posen, president of the Peterson Institute for International Economics, break down what will happen if Trump succeeds in either of those goals.
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