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If Fed Cuts Result In Inflation, Then Chair Powell Has Nothing To Fear
The Fed can’t decree credit easy or tight, and it can’t because there’s no credit by decree in the first place. Credit is once again produced in the form of market goods and labor. The Fed produces neither, which is yet another comment that the Fed’s ability to influence economic activity is well overstated.
Despite Pressure From Trump, Powell Remains Patient on Rate Cuts
Jerome H. Powell, the chair of the Federal Reserve, defended on Tuesday the central bank’s wait-and-see approach to cutting interest rates, in the face of intense pressure from President Trump to follow central banks around the world that have acted faster.
Fannie Mae Chairman and Director of the Federal Housing Finance Agency Bill Pulte released a statement calling on Congress to ...
There's a chance Donald Trump won't get lower interest rates even after he finds a replacement for Fed Chair Powell, market ...
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
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