pull down to refresh
0 sats \ 0 replies \ @kurszusz 21 Apr \ on: Trump ramps up attacks on Powell, demands 'loser' Fed chair lower rates 'NOW' econ
Trump is trying to put pressure on Powell...he may succeed, but not with these means.
For example, if Trump maintains his "ideology" on tariffs, this could lead to inflation and at the same time unemployment will rise. The impact of these two will force Powell to cut interest rates (only one - inflation or unemployment - is not enough reason for Powell to cut it)