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Reply to "Trump says he may ‘have to force’ interest rate change in attack on Powell"
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[quote=Anonymous][quote=Anonymous]If Trump would just lay-off, then Powell probably would cut the rates b/c all the inflation reports are down. But, Powell is probably resistant b/c Trump keeps criticizing him on SM. Powell does not want to appear to “bend the knee”” to Trump. Bond yields are dropping forecasting a rate cut.[/quote] Maybe just maybe Powell's a professional who doesn't depend on image and social media likes to determine policy. Tough to fathom, i know, with the pantheon of clowns we have now running this country And maybe Trump should pay attention to other parts of his job for now like international relations. [/quote]
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