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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][quote=Anonymous][quote=Anonymous][quote] Donald Trump has called Federal Reserve chair Jay Powell a “numbskull” for not cutting interest rates, saying the White House may “have to force something” if the US central bank does not reduce borrowing costs. [/quote] https://www.ft.com/content/87a2c699-be5b-4a3b-9ae1-db3e997633af Do you think it means Trump will have him arrested or just removed as chair?[/quote] Rambling 80 year old nonsense. We're used to this by now.[/quote] Too bad the 80 year old is tanking the economy and our country along with it. If he fires the head of the Fed, the markets (particularly the bond market which is traditionally not volatile) will be spooked as investors assume the guard rails are completely gone.[/quote] I don’t like what Trump is doing across the board. But there is no evidence the economy is “tanking” as you say. The last employment report was stronger than expected, bond yields are behaving, stock market is near an all time high. Where is the “tanking” ?[/quote]
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