Trump Considers Ways to Gain More Influence over the Federal Reserve
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#6e491e74 ver:0.16
Investors express concerns over Trump's potential influence on the Federal Reserve, as he considers replacing Fed Chair Jerome Powell. The independence of the central bank is crucial for making decisions based on economic data, but political interference raises concerns. IMF chief emphasizes central bank independence. Trump allies draft plans to reduce Fed's independence if he wins a second term. Powell emphasizes Fed's mandate and warns against cutting interest rates too soon. Trump seeks more influence over Fed's policy if reelected, raising concerns about inflation and fiscal retrenchment. #FederalReserve #Independence #MonetaryPolicy #Trump #JeromePowell...
#newstr #FederalReserve #DonaldTrump #JeromePowell #UsElection #MonetaryPolicy #FiscalPolicy #Inflation
https://here.news/story/6e491e74?ver=0.16